Tasmanian Beef Industry (Research and Development) Trust Act 1990
9Funds of the Trust
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9 Funds of the Trust
(1) [Section 9 Subsection (1) amended by No. 74 of 1999, Sched. 2, Applied:01 Jan 2000] *[Section 9 Subsection (1) amended by No. 62 of 1996, s. 3 and Sched. 1 ]*The Trust shall establish such authorised deposit-taking institution accounts as it considers necessary.
(2) The funds of the Trust shall consist of –
(a) the money paid to it under section 14 ; and
(b) all other money received from any other source by the Trust.
(3) The funds of the Trust shall be applied –
(a) in payment or discharge of the expenses, charges and obligations incurred or undertaken by the Trust in the exercise of its powers; and
(b) in payment of any fees and allowances payable under this Act.