27Central Education Fund

27 Central Education Fund

27 Central Education Fund

(1) The General Assembly may establish a Central Education Fund the income and capital of which may be used by the Trustees to establish or endow in New South Wales schools and colleges under the control of the General Assembly and otherwise promote the education of children in New South Wales where that education is accompanied by religious instruction in harmony with the tenets of the Presbyterian Church.

(2) The General Assembly may require a school or college conducted on property vested in the Trustees to contribute to the Central Education Fund such sums, annual or otherwise, as the Trustees, after consultation by them, or on their behalf, with the Council of the school or college, consider reasonable, having regard to the circumstances and needs of the school or college as well as to the necessity to augment the Central Education Fund.

s 27: Ins 1969 No 51, sec 3.