NSWIn ForceAct
Agricultural Livestock (Disease Control Funding) Act 1998
26ADeficits in industry funds
Start here
Get a plain-English read of 26A
Turn the raw legal text into a practical explanation grounded in Agricultural Livestock (Disease Control Funding) Act 1998.
26A Deficits in industry funds
26A Deficits in industry funds
A fund administrator for an industry fund must not make payments out of the fund if the fund is in deficit, or would be in deficit if the payments were made, unless the fund administrator has first obtained the written approval of the Minister.
Maximum penalty—100 penalty units.
s 26A: Ins 2004 No 45, Sch 1 [27].