12.27
CurrentEstablishment and administration of Crown Reserves Improvement Fund
12.27 Establishment and administration of Crown Reserves Improvement Fund
(1)
A Crown Reserves Improvement Fund is to be established in the Special Deposits Account.
(2)
The Fund is to be administered by the Minister.
(3)
The annual report of the Department is to include details of the amounts paid from the Fund during the financial year to which the report relates and the purposes for which those payments were made.
This Act’s bill:Explanatory memorandumSecond reading speech
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