97Environment Protection Fund

97 Environment Protection Fund

(1)  For the purposes of this Act, a fund called the Environment Protection Fund is established.

(2)  The Fund consists of –

(a) such proportion of fees paid under this Act as is specifically allocated by the Board; and

(b) all fines paid to the Fund in respect of offences under this Act; and

(c) any money received by the Board by way of a financial assurance under this Act; and

(d) [Section 97 Subsection (2) amended by No. 38 of 2015, s. 30, Applied:13 Oct 2015] [Section 97 Subsection (2) amended by No. 38 of 2015, s. 30, Applied:13 Oct 2015] any amount paid to the Director or Commissioner, or the value of anything forfeited to the Director or Commissioner, as a result of the exercise of the power of seizure in section 92 ; and

(e) any money appropriated by Parliament for the purposes of the Fund; and

(f) any money received by way of grant, gift or bequest for the purposes of the Fund; and

(g) any income from investment of money belonging to the Fund; and

(h) any money received from any other source.

(3)  The Fund may be applied by the Board –

(a) in making any payment required in connection with a financial assurance under this Act; and

(b) in making any payment required by the terms of an environmental agreement under this Act; and

(c) in making payments for or towards the cost of action taken to deal with an environmental emergency or its effects; and

(d) for the purposes of education and training programmes in relation to the protection, restoration or enhancement of the environment; and

(e) for the purposes of any investigations, research, pilot programmes or other projects relating to the protection, restoration or enhancement of the environment; and