Wellington Park Act 1993
16Wellington Park Management Fund
Start here
Get a plain-English read of 16
Turn the raw legal text into a practical explanation grounded in Wellington Park Act 1993.
16 Wellington Park Management Fund
(1) There is established a fund to be known as the Wellington Park Management Fund.
(2) The Fund consists of –
(a) money appropriated by Parliament for the purposes of the Trust; and
(b) money received by the Trust by way of fees and charges imposed under this Act; and
(c) money derived by the Trust from –
(i) licences issued under this Act in respect of any part of Wellington Park; or
(ii) the sale or disposal by the Trust of any property that the Trust has power to sell or dispose of; and
(d) other money received from any other source by the Trust.
(3) The Fund is to be administered by the Trust.