58National Occupational Health and Safety Research Fund

#### 58 National Occupational Health and Safety Research Fund (1) There is established by this subsection a fund vested in the Commission, to be known as the National Occupational Health and Safety Research Fund. (2) Money standing to the credit of the Fund that is not immediately needed for the purposes of the Fund may be invested under subsection 18(3) of the Commonwealth Authorities and Companies Act 1997. (3) Income received from the investment of moneys standing to the credit of the Fund forms part of the Fund. (4) There shall be paid into the Fund: (a) such amounts as are appropriated from time to time by the Parliament for the purposes of the Fund; (b) such amounts, being gifts or bequests, as are given or made for the purposes of the Fund; (c) such amounts as are paid or repaid to the Commission in accordance with an agreement under subsection (6); and (d) such amounts as are received by the Commission from the disposal of property or interests acquired by the Commission in accordance with an agreement under subsection (6). (5) There shall be paid out of the Fund payments (including advances) made in accordance with an agreement under subsection (6) and no other amounts. (6) The Commission may, from time to time, agree, in writing, with a person for the carrying out by the person of a research project specified in the agreement. (7) Where an agreement under subsection (6) provides for the payment of advances, the Commission may, at such times as the Commission thinks fit, make advances of such moneys as the Commission thinks fit on account of an amount that may become payable under the agreement. (8) In this section: > research project means a project relating to research relevant to occupational health and safety matters.