Unit Title Schemes Act 2009

(1) The

Minister responsible for the administration of the Agents

Licensing Act 1979 may, by transfer to the appropriate Agency, use part of the moneys of the Agents Licensing Fidelity Guarantee

Fund of the Northern Territory established under that Act for the purpose of meeting the operating costs of the office of schemes supervisor.

(2) The

Minister mentioned in subsection (1) may, from time to time, determine the amount that is to be transferred.

(3) The

Minister mentioned in subsection (1) may use the moneys of the Fund under this section only after consulting:

(a) the

Agents Licensing Fidelity Guarantee Fund of the Northern Territory;

and

(b) the

Commissioner of Consumer Affairs, appointed under the Consumer

Affairs and Fair Trading Act 1990; and

(c) any bodies that, in the opinion of the Minister, represent the interests of developers, bodies corporate and unit owners.

Part

4.2 Other administrative matters