20Payments into and from Fund

20 Payments into and from Fund

20 Payments into and from Fund

(1) There is to be paid into the Fund—

(a) all money received by or on account of Local Land Services, and

(b) the proceeds of any investment of money in the Fund.

(2) There is to be paid from the Fund—

(a) all amounts required to meet expenditure incurred by Local Land Services in the exercise of its functions, and

(b) all amounts required to provide loans, grants, subsidies and other financial assistance for the purposes of activities that Local Land Services is authorised to fund by or under this Act.