Victorian Consolidated Legislation

Surveying Act 2004 - SECT 59

Financial

59. Financial



(1) The Board must establish and keep a Surveyors Registration Board of
Victoria Fund.

(2) All money immediately before the commencement of this Act standing to the
credit of the Surveyors Board Account established under the Surveyors Act 1978
must, on that commencement, be paid into the Fund.

(3) All fees, fines and penalties paid or recovered by the Board under this or
any other Act must be paid into the Fund.

(4) The Board must pay any other money received by it into the Fund, including
income from the investments of the Fund.

(5) Out of the Fund, the Board must pay-

   (a)  the expenses incurred by it in carrying out its functions, powers and
        duties; and

   (b)  any other expenses incurred in the administration of this Act; and

   (c)  any payments to be made to members of the Board under this Act and any
        payments to be made to other persons under this Act; and

   (d)  any other payment recommended by the Board and approved by the
        Minister.