163FDiversification and sustainability support fund

163F Diversification and sustainability support fund (1) The director-general must open and maintain a banking account (the diversification and sustainability support fund).

(2) The diversification and sustainability support fund is to provide funding for the following purposes: (a) assisting clubs to diversify their income to sources other than (b) supporting the sustainability of clubs; (c) contributing to projects that help reduce regulatory costs or improve efficiency in administration and compliance for clubs; (d) training and skills development for club workers, executives and members of club management committees and boards. banking account means an account with an authorised deposit-taking institution that is, or is substantially the same as, a bank account.