59Application of fees and penalties

59 Application of fees and penalties

(1) The Board must—

(a) apply any money received under this Act to the payment of—

(i) the expenses connected with the examination of candidates;

(ii) the fees and allowances payable to the members of the Board and the Tribunal; and

(iii) the general expenses of the Board in carrying this Act into effect; and

(b) apply any money not required under paragraph (a), at its discretion, for the purpose of the advancement of architectural education in any manner the Board determines.

(2) The Board may invest any money received under this Act in any manner approved by the Treasurer.

Ss 60–62 repealed by No. 31/1994
s. 4(Sch. 2 item 7).