Victorian Consolidated Legislation

Livestock Disease Control Act 1994 - SECT 79A

Sheep and Goat Compensation Fund

79A. Sheep and Goat Compensation Fund



(1) There is established in the Public Account, as part of the Trust Fund, an
account known as the Sheep and Goat Compensation Fund.

(2) There is to be paid to the credit of the Fund-

   (a)  all money received by or for the Commissioner of State Revenue as duty
        on statements and approved agents' returns relating to the sale of
        sheep or goats or the carcases of sheep or goats under the
        Duties Act 2000;

   (b)  the amounts of residual value of sheep or goats sold under section 79H
        in respect of which compensation is paid;

   (c)  any money paid by the Commonwealth for or in respect of compensation
        for sheep or goats suffering from disease;



   (d)  all penalties recovered under section 91 relating to offences with
        respect to sheep or goats;

   (e)  all interest earned on money in the Fund.

(3) Money in the Fund may be invested in any manner in which money may be
invested under the Trustee Act 1958 or any other manner that the appropriate
Minister approves.