67Payments out of the Fund

67 Payments out of the Fund

S. 67(1) amended by No. 48/2010 s. 30(1).

(1) The Honey Bee Compensation and Industry Development Fund is to be applied to the payment of compensation payable under this Division and all costs and expenses incidental to determining the compensation payable.

S. 67(2) amended by No. 73/1996 s. 37(1), substituted by No. 48/2010 s. 30(2).

(2) The Minister may make payments—

(a) for administering the provisions of this Act relating to bees, from the capital of the Fund derived from registration fees paid under section 48;

(b) for programs and projects for the improvement and development of the apicultural industry in Victoria, from the following—

(i) the capital of the Fund derived from registration fees paid under section 48 that at any time exceeds $300 000; and

(ii) the capital of the Fund derived from annual fees paid under section 49; and

(iii) the interest earned on any money in the Fund.

S. 67(3) amended by No. 73/1996 s. 37(2).

(3) The Minister must not make a payment under subsection (2) unless the Minister has considered any relevant recommendations from the Apicultural Industry Advisory Committee.

S. 67(4) inserted by No. 22/2022 s. 119.

(4) A reference in subsection (2)(a) to payments for administering the provisions of this Act relating to bees includes payment of—

(b) costs incurred in appointing persons to the Apicultural Industry Advisory Committee; and

(c) fees and allowances payable to members of the Apicultural Industry Advisory Committee; and

(d) costs incurred in the provision of secretarial support to the Apicultural Industry Advisory Committee.