NSWIn ForceAct
First Home Owner Grant and Shared Equity Act 2000
24HPayments into and out of Fund
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#### 24H Payments into and out of Fund
24H Payments into and out of Fund
> > (1) The following must be paid into the Fund—
> >
> > > (a) all money appropriated by Parliament, or advanced by the Treasurer, for the purposes of payment into the Fund,
> >
> > > (a1) all money appropriated by Parliament to the Treasurer for the general purposes of the Government and directed by the Treasurer to be paid into the Fund,
> >
> > > (b) the proceeds of the investment of money in the Fund,
> >
> > > (c) fees and charges payable under this Part,
> >
> > > (d) all other money directed or authorised to be paid into the Fund by or under an Act or law,
> >
> > > (e) amounts received from the repayments of money provided under a shared equity scheme,
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> > > (f) all money received from the sale of assets acquired under a shared equity scheme,
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> > > (g) amounts recovered under this Act as debts related to a shared equity scheme.
>
> > (2) The following may be paid out of the Fund—
> >
> > > (a) amounts for the acquisition of interests in property under a shared equity scheme,
> >
> > > (b) money required to meet administrative expenses related to the Fund,
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> > > (c) amounts for the purpose of making investments,
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> > > (d) amounts the Treasurer directs to be paid into the Consolidated Fund.
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> > (3) The investments must, despite the [Government Sector Finance Act 2018](/view/html/inforce/current/act-2018-055), only be invested in a way approved by the Treasurer.
>
> **s 24H:** Ins 2022 No 63, Sch 2\[2\]. Am 2023 No 18, Sch 13\[1\].