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NATIONAL PARKS AND RESERVES MANAGEMENT ACT 2002 - SECT 87 Gifts for conservation purposes

NATIONAL PARKS AND RESERVES MANAGEMENT ACT 2002 - SECT 87

Gifts for conservation purposes

(1)  If any money or other property is given, devised or bequeathed for any conservation purpose under this Act, that money, or the proceeds of the realisation of that property, may be paid into an account in the Public Account, and the moneys for the time being standing to the credit of that account may not be applied otherwise than for that purpose.
(2)  Any interest arising from the investment of moneys paid into an account established pursuant to this section is to be paid into that account.
(3)  Nothing in this section prejudices or affects the operation of any trust to which any money or other property is subject.