Museum of Applied Arts and Sciences Act 1945
15Statutory endowment
Start here
Get a plain-English read of 15
Turn the raw legal text into a practical explanation grounded in Museum of Applied Arts and Sciences Act 1945.
15 Statutory endowment
15 Statutory endowment
For the purpose of providing a statutory endowment for the purchase of specimens of applied science and art and other requirements of a museum of technology and applied science, including expenses incurred in or out of New South Wales relative to or incidental to investigations or inquiries for or on behalf of the Museum but exclusive of payment of salaries of members of staff and working expenses of the Museum there shall be paid by the Treasurer to the trustees an annual endowment of two thousand dollars or such larger amount as Parliament approves. Such endowment shall be paid by four equal quarterly instalments on the first day of January, April, July and October in each year.
Any moneys payable by the Treasurer under this section shall be paid out of moneys provided by Parliament.
s 15: Am 1961 No 30, sec 2 (1) (g); 2015 No 15, Sch 3.43 [6].