VICIn ForceAct
Education and Training Reform Act 2006
13AFunds of TAFE institutes and AMES Australia
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13A Funds of TAFE institutes and AMES Australia
(1) A TAFE institute must maintain any fund taken to be established in the name of the institute under section 6.1.32(3)(b).
Sch. 2 cl. 13A(2) amended by No. 32/2022 s. 55(6).
(2) AMES Australia must maintain any fund taken to be established in the name of AMES Australia under section 6.1.33(3)(b).
Sch. 2 cl. 13A(3) amended by No. 32/2022 s. 55(7)(a).
(3) There must be paid into a fund maintained by a TAFE institute or AMES Australia under this clause—
Sch. 2 cl. 13A(3)(a) amended by No. 32/2022 s. 55(7)(b).
(a) any investment income received by the institute or AMES Australia; and
Sch. 2 cl. 13A(3)(b) amended by No. 32/2022 s. 55(7)(b).
(b) the proceeds of the sale of any investment made by the institute or AMES Australia; and
Sch. 2 cl. 13A(3)(c) amended by No. 32/2022 s. 55(7)(b).
(c) any fees or other money received by the institute or AMES Australia.
Sch. 2 cl. 13A(4) amended by No. 32/2022 s. 55(7).
(4) There must be paid out of the fund maintained by a TAFE institute or AMES Australia under this clause any payment that is authorised by the institute or AMES Australia to be made out of the fund for or towards the costs and expenses of the exercise of powers or performance of functions by the institute or AMES Australia.