NSWIn ForceAct
Royal Botanic Gardens and Domain Trust Act 1980
15Endowment
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#### 15 Endowment
15 Endowment
> > (1) For the purpose of providing a statutory fund to be applied by the Trust towards—
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> > > (a) the purchase and acquisition of specimens,
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> > > (b) the remuneration, if any, to be paid under clause 5 of Schedule 1 to trustees and members of committees established under section 8 who are not trustees, and
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> > > (c) subject to subsection (2), other expenditure incurred by the Trust,
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> > there shall be paid by the Treasurer to the Trust an annual endowment of such amount as Parliament approves.
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> > (2) The statutory fund referred to in subsection (1) may not be applied towards—
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> > > (a) the remuneration of any member of staff of the Trust, or
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> > > (b) general operating expenses, including those related to the maintenance of the Trust lands or other property of the Trust.
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> > (3) The annual endowment referred to in subsection (1) shall be paid by such instalments as the Treasurer thinks fit.
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> > (4) Any money payable by the Treasurer under this section shall be paid out of money provided by Parliament.
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> **s 15:** Am 2006 No 2, Sch 4.57 \[6\]; 2015 No 15, Sch 3.52 \[5\].