Amalgamation of Casino Community Benefit Fund with gambling community benefit fund
150 Amalgamation of Casino Community Benefit Fund with gambling community benefit fund
Immediately before the commencement—
any amount remaining in the former fund is transferred to the gambling community benefit fund to be dealt with under—
if subsection (2) applies—subsections (3) and (4); or
otherwise—the Gaming Machine Act 1991, section 315; and
a trust deed approved by the Governor in Council under repealed section 52(6) and in force immediately before the commencement is revoked.
Subsections (3) and (4) apply if, before the commencement—
the trustees for a trust deed made recommendations to the Minister under repealed section 52(7) as to the application of moneys appropriate to the trust deed, for the benefit of the community; and
the Minister had not caused moneys to be paid out of the former fund under repealed section 52(8) for the benefit of the community in accordance with the recommendations of the trustees.
The Minister may, on or after the commencement, cause the moneys to be paid out of the gambling community benefit fund for the benefit of the community in accordance with the recommendations of the trustees.
In this section—commencement means the commencement of this section.former fund means the Casino Community Benefit Fund under repealed section 52.gambling community benefit fund means the gambling community benefit fund under the Gaming Machine Act 1991.Minister means the Minister responsible, immediately before the commencement, for the administration of the former fund.repealed, in relation to section 52, means the provision as in force immediately before the commencement.
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