Aboriginal Housing Fund
35 Aboriginal Housing Fund
There is to be established in the Special Deposits Account an Aboriginal Housing Fund (the Fund) into which is to be paid—
all money advanced to the Aboriginal Housing Office by the Treasurer or appropriated by Parliament for the purposes of the AHO, and
all money directed or authorised to be paid into the Fund by or under this Act or any other Act, and
the proceeds of the investment of money in the Fund, and
all money received by the AHO from any other source.
The Fund is to be applied for the purpose of enabling the AHO to exercise its functions.
All expenditure incurred by the AHO, including the salaries of the staff of the AHO who are principally involved in the administration of this Act, is to be paid from the Fund.
The Fund may be applied for the purposes of providing any property, funding or other assistance to a registered Aboriginal housing organisation only with the approval of the Minister.
This Act’s bill:Explanatory memorandumSecond reading speech
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