Community Services Sector Long Service Leave Fund
13A Community Services Sector Long Service Leave Fund
The Corporation must establish, administer and control a fund called the Community Services Sector Long Service Leave Fund.
The following must be paid into the Fund—
the long service leave levies paid under the Community Services Sector (Portable Long Service Leave) Act 2024,
money borrowed by the Corporation for the purposes of the Community Services Sector (Portable Long Service Leave) Act 2024,
the proceeds of investment of the Fund,
other amounts received by the Corporation in the administration of the Community Services Sector (Portable Long Service Leave) Act 2024.
The following must be paid from the Fund—
the long service leave payments provided for by the Community Services Sector (Portable Long Service Leave) Act 2024,
the expenses incurred in the administration of this Act and the Community Services Sector (Portable Long Service Leave) Act 2024 and the management of the Fund,
other payments authorised by the Community Services Sector (Portable Long Service Leave) Act 2024 to be made from the Fund.
This Act’s bill:Explanatory memorandumSecond reading speech
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