Northern Territory Consolidated Acts

FISHERIES ACT - SECT 51

(1) The Accountable Officer, within the meaning of the Financial Management Act , of the Agency to which the administration of this Act is allotted under an Administrative Arrangements Order may establish a fund, in the Agency Operating Account within the meaning of the Financial Management Act , to be known as the Fishing Industry Research and Development Fund, for the purpose of ensuring the development of the fishing industry or research into fish, aquatic life, fishing, fisheries, the fishing environment and other related matters.

(2) The Accountable Officer is to credit to the Fund established under subsection (1) -

(a) the prescribed fees; and

(b) revenues from other sources provided for the purposes of the Fund.