97Functions of Trust

97 Functions of Trust

97 Functions of Trust

The Trust has the following functions—

(a) to establish and maintain the Public Fund,

(a1) to administer the Operating Fund, including to make payments into and out of the Operating Fund in accordance with Division 4,

(b) to invite and encourage members of the public and organisations to make gifts of money and property to the Public Fund,

(c) to establish and maintain a website for the purposes of facilitating the functions of the Trust,

(d) to use the following to support and promote the actions specified in section 96(1)(a)–(e) to the extent the actions promote the protection and enhancement of the natural environment—

(i) gifts, devises, bequests or contributions received by the Public Fund,

(ii) money held in the Operating Fund,

(e) to assess and analyse lands for potential acquisition by payments from the Public Fund and the Operating Fund,

(f) to invest money held in the Public Fund and the Operating Fund,

(g) to exercise functions delegated to the Trust under this Act,

(h) another function conferred or imposed on the Trust by this Act or another law.

s 97: Am 1983 No 183, Sch 5 (6); 1986 No 133, Sch 1 (2); 1991 No 66, Sch 1 (7). Rep 2016 No 63, Sch 11.5 [11]. Ins 2021 No 47, Sch 1.1[17]. Am 2024 No 42, Sch 1[14] [16] [17].