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Community Improvement Districts Act 2025
28Establishment of CID Levies Fund
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28 Establishment of CID Levies Fund
28 Establishment of CID Levies Fund
(1) There is to be established in the Special Deposits Account a CID Levies Fund (the CID Levies Fund).
(2) The Authority is the administrator of the CID Levies Fund.
(3) The purpose of the CID Levies Fund is to hold money received by the Authority on behalf of CID entities before the money is distributed to the CID entities for the purposes of approved CID proposals.