NSWIn ForceAct
Commons Management Act 1989
20Proceeds of sale etc
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#### 20 Proceeds of sale etc
20 Proceeds of sale etc
> > (1) A trust which has entered into any transaction with respect to the land vested in the trust (including the granting of a temporary licence) in accordance with this Division must apply any proceeds of the transaction:
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> > > (a) in accordance with any directions of the Minister, and
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> > > (b) subject to any such directions, in the exercise of its functions under this Act.
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> > (2) For the purposes of subsection (1), the proceeds of a transaction relating to the land vested in the trust are the proceeds after meeting the costs of the transaction.