3The Appeal Costs Fund

3 The Appeal Costs Fund

(1)  For the purposes of this Act, there shall be a fund to be known as the Appeal Costs Fund.

(2)  *[Section 3 Subsection (2) amended by No. 92 of 1974, s. 6 and Sched. 1 ]*The Fund shall consist of –

(a) moneys paid into the Fund pursuant to section 6 ;

(b) moneys paid into the Fund by the Registrar as required by section 13 (6) ; and

(c) income derived from the investment of moneys forming part of the Fund.

(3)  From the Fund there shall be paid the amounts referred to in sections 9 , 11 , 15 , 16 , and 17 .

(4)  *[Section 3 Subsection (4) amended by No. 92 of 1974, s. 6 and Sched. 1 ]*The Fund is vested in, and shall be managed by, the Registrar.

(5)  The income of the Fund is not subject to any tax imposed by or under a law of the State.

(6)  *[Section 3 Subsection (6) amended by No. 92 of 1974, s. 6 and Sched. 1 ]*The Registrar may invest moneys standing to the credit of the Fund in any manner for the time being allowed by law for the investment of trust funds.

(7)  [Section 3 Subsection (7) amended by No. 74 of 1999, Sched. 2, Applied:01 Jan 2000] *[Section 3 Subsection (7) amended by No. 62 of 1996, s. 3 and Sched. 1 ]*Moneys standing to the credit of the Fund that are held uninvested may be lodged either at call or on fixed deposit, or partly at call and partly at fixed deposit, with the Treasurer or with an authorised deposit-taking institution.