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EDUCATION (GENERAL PROVISIONS) ACT 2006 - SECT 132 Use of money received by association

EDUCATION (GENERAL PROVISIONS) ACT 2006 - SECT 132

Use of money received by association

132 Use of money received by association

Subject to section 137 (4) , any money received by an association must be applied by the association, at the direction of the Minister, to the following purposes—

(a) firstly, in paying expenses lawfully incurred by the association;
(b) secondly, in achieving the objectives, and performing the functions, of an association.