Western Australian Consolidated Acts Western Australian Consolidated Acts (1) The funds
necessary for the effectual exercise by the Board of the powers conferred and
duties imposed upon it by this Act shall be —
(a) such
moneys as are, from time to time, appropriated by Parliament for that purpose;
(b) such
moneys as the Board may borrow pursuant to the provisions of this Act;
(c) the
proceeds of any sale, lease, mortgage, exchange, or other disposal of real or
personal property which the Board is authorised to effect and which may
properly be so used;
(d) the
proceeds of investment of any part of the Account which is not required for an
immediate use;
(e) all
gifts, devises and bequests made to the Board; and
(f) such
moneys as the Board acquires under section 20A.
(2) All such moneys
are —
(a) to
be credited to an agency special purpose account called The Library Board of
Western Australia Account established under section 16 of the Financial
Management Act 2006 ; and
(b) to
be applied to the purposes of this Act.
(3) The Account shall
be operated upon in such manner as may be prescribed.
(4) Without other
authorisation than this Act, the sum of $10 000 is hereby appropriated
from the Consolidated Account for payment to the Board for carrying out the
provisions of this Act during the first year of the operation of this Act.
[Section 16 amended by No. 20 of 1955
s. 10; No. 113 of 1965 s. 4; No. 6 of 1993 s. 11;
No. 49 of 1996 s. 64; No. 77 of 2006 s. 4 and 17.]