South Australian Consolidated Acts South Australian Consolidated Acts20—The Construction Industry Fund
(1) The
Construction Industry Fund and the Electrical and Metal Trades Fund are
combined and continue in existence as the Construction Industry Fund .
(2) The
Construction Industry Fund will be administered by the Board.
(3) The
Construction Industry Fund will consist of—
(a)
money standing to the credit of the Construction Industry Fund and the
Electrical and Metal Trades Fund immediately before the commencement of this
section; and
(b)
levies received by the Board from employers; and
(c)
income and accretions produced by the investment of money from the Fund; and
(d)
money advanced to the Board for the purposes of the Fund; and
(e)
penalties and fines recovered by the Board under this Act; and
(f)
other money payable to the Fund under this Act.
(4) There will be paid
from the Construction Industry Fund—
(a) any
long service leave benefits that the Board is liable to pay under this Act;
and
(b) the
costs incurred by the Board in performing its functions under this Act; and
(c)
other money authorised to be paid from the Fund under this Act.