New South Wales Consolidated Acts

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WESTERN SYDNEY PARKLANDS ACT 2006 - SECT 39

Western Sydney Parklands Fund

39 Western Sydney Parklands Fund

(1) There is to be established in the Special Deposits Account a Western Sydney Parklands Fund into which is to be paid:
(a) all money advanced to the Trust by the Treasurer or appropriated by Parliament for the purposes of the Trust, and
(b) all money directed or authorised to be paid into the Fund by or under this or any other Act, and
(c) the proceeds of the investment of money in the Fund, and
(d) all money received by the Trust from any other source.
(2) The Fund is to be applied for the purpose of enabling the Trust to exercise its functions, either itself or by other means authorised by section 11 or 13.
(3) All expenditure incurred by the Trust is to be paid from the Fund.
(4) Despite any provision of Division 6 of Part 4 of the Environmental Planning and Assessment Act 1979 , payments may be made out of the Fund established under section 94EJ of that Act into the Fund established under this section.



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