31Funds of THS

31 Funds of THS

(1)  The funds of the THS consist of –

(a) any money received from the Commonwealth or the State, whether directly or through an authority established under an enactment of the Commonwealth or the State; and

(b) any money received by the THS as fees or charges; and

(c) any money otherwise received by the THS in the course of performing its functions or exercising its powers; and

(d) any money received by, or for the purposes of, the THS as a gift, donation or bequest; and

(e) any money received by the THS from any other source.

(2)  The funds of the THS are to be applied –

(a) in remunerating the employees of the THS; and

(b) in payment or discharge of the expenses, charges and obligations incurred or undertaken by the THS in the performance and exercise of the functions and powers of the THS.