51Fishing Industry Research and Development Trust Fund

51 Fishing Industry Research and Development Trust Fund (1) The Accountable Officer, as defined in section 3(1) of the Financial Management Act 1995, of the Agency to which the administration of this Act is allotted under an Administrative Arrangements Order may establish a fund, in the Accountable Officer's Trust Account as defined in section 3(1) of the Financial Management Act 1995, to be known as the Fishing Industry Research and Development Trust Fund, for the purpose of ensuring the development of the fishing industry or research into fish, aquatic life, fishing, fisheries, the fishing environment and other related matters. (2) The Accountable Officer is to credit to the Fund established under subsection (1): (a) the prescribed fees; and (b) revenues from other sources provided for the purposes of the Fund.