Architects Act 1929
8Funds of Board
Start here
Get a plain-English read of 8
Turn the raw legal text into a practical explanation grounded in Architects Act 1929.
8 Funds of Board
(1) All moneys received by the Board or the Registrar under this Act shall be paid into the funds of the Board.
(2) The remuneration of the Registrar, and the officers appointed by the Board, and all other expenses of and incidental to the administration of this Act, shall be paid by the Board out of its funds.
(3) *[Section 8 Subsection (3) added by No. 86 of 1950, s. 3 ]*Any surplus moneys in the funds of the Board which are not required for the purposes of subsection (2) may be expended by the Board for the purposes of the advancement of architecture in such manner as the Board may determine.