5Appropriated money subject to statutory trust for road funding

5 Appropriated money subject to statutory trust for road funding

5 Appropriated money subject to statutory trust for road funding

(1) The amount paid into the Roads Fund under section 3A is subject to a statutory trust for the funding of road improvement, road safety and road related public transport infrastructure and must be used by Transport for NSW accordingly.

(2) Without limiting the generality of subsection (1), the funding of road improvement, road safety and road related public transport infrastructure includes the funding of the following—

(a) the construction, improvement, maintenance, repair and lighting of public roads in the State (including any road that is a tollway within the meaning of the Roads Act 1993),

(b) any purpose reasonably incidental to a purpose referred to in paragraph (a), including (but not limited to) the paving, kerbing and guttering of roads, the planting of trees, lawns and gardens, the construction of special crossings and footways and the construction of drains and sewers,

(c) the provision, improvement, maintenance and repair of traffic control facilities (within the meaning of the Roads Act 1993),

(d) the advancement and encouragement of road safety, including by the funding of education programs concerned with road safety,

(d1) road related public transport infrastructure that is designed to benefit the road network by increasing transport alternatives to private vehicle use, by providing for improvements to road related public transport facilities or by assisting in the integration of different passenger transport systems,

(e) the granting of financial assistance to a council (within the meaning of the Local Government Act 1993) for the purpose of defraying costs incurred or to be incurred by the council in doing anything referred to in any of the foregoing paragraphs.

(2A) A reference in this section to road related public transport infrastructure includes a reference to—

(a) dedicated bus lanes, transit lanes, cycleways and facilities for high occupancy vehicles, and

(b) bus facilities and bus shelters, and