New South Wales Consolidated Acts

SPORTING INJURIES INSURANCE ACT 1978 - SECT 11

11 Establishment of Sporting Injuries Fund

(1) The Committee shall establish, administer and control a fund, to be called the “Sporting Injuries Fund”.

(2) The Fund shall be comprised of:

(a) all money paid to the Committee under Part 4 or section 5A or to the Fund under section 11A (6), and

(b) all other assets of the Committee (other than the Supplementary Fund), including:

(i) gifts made to it otherwise than for the purposes of the Supplementary Fund, and

(ii) investments made by it under section 12 with respect to money forming part of the Fund.

(3) There shall be paid from the Fund:

(a) the costs of administering this Act in so far as those costs relate to registered participants and sporting organisations, including the cost of meeting any claims made by or with respect to registered participants for benefits under this Act,

(a1) to the Minister administering the District Court Act 1973 , such of the costs of operation of the District Court relating to the determination of applications under section 29, being costs incurred after 30 June 2005, as the Minister administering the District Court Act 1973 and the Minister administering this Act agree are to be paid from the Fund,

(b) any money required to repay any borrowing by the Committee under this Act for the purposes of the Fund,

(c) such grants for clinical and research work and other activities associated with the prevention and treatment of injuries that result from sporting or athletic activities as the Committee, with the approval of the Minister, may make, and

(d) any money transferred to the Supplementary Fund pursuant to section 11A (5).