13Contract Cleaning Industry Long Service Leave Fund

13 Contract Cleaning Industry Long Service Leave Fund

13 Contract Cleaning Industry Long Service Leave Fund

(1) The Corporation is to establish, administer and control a fund to be called the Contract Cleaning Industry Long Service Leave Fund.

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

(a) the long service leave levies paid under the Contract Cleaning Industry (Portable Long Service Leave Scheme) Act 2010, and

(b) any money borrowed by the Corporation for the purposes of the Contract Cleaning Industry (Portable Long Service Leave Scheme) Act 2010, and

(c) the proceeds of any investment of the Fund, and

(d) any other amounts received by the Corporation in the course of its administration of the Contract Cleaning Industry (Portable Long Service Leave Scheme) Act 2010.

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

(a) the long service payments provided for by the Contract Cleaning Industry (Portable Long Service Leave Scheme) Act 2010, and

(b) the expenses incurred in the administration of this Act and the Contract Cleaning Industry (Portable Long Service Leave Scheme) Act 2010 and the management of the Fund, and

(c) any other payments authorised by the Contract Cleaning Industry (Portable Long Service Leave Scheme) Act 2010 to be made from the Fund.