28Funds of Homes Tasmania

28 Funds of Homes Tasmania

(1)  The funds of Homes Tasmania consist of any money –

(a) transferred to it under this or any other Act; and

(b) received by it by way of fees, levies and charges; and

(c) otherwise received by it in the course of performing its functions and exercising its powers; and

(d) received by it, or the Homes Tasmania Board, from any other source.

(2)  The funds of Homes Tasmania are to be applied –

(a) in the payment of the remuneration of the Homes Tasmania directors, the Homes Tasmania CEO and Homes Tasmania employees; and

(b) in the payment or discharge of the expenses, charges and obligations incurred or undertaken by Homes Tasmania in the performance and exercise of its functions and powers.