Closure of charities and rehabilitation benefit fund
395 Closure of charities and rehabilitation benefit fund
On the commencement, the charities and rehabilitation benefit fund is closed.
On the closure of the fund, it ceases to exist and all public moneys standing to the credit of the fund immediately before the commencement are controlled receipts of the families department.
Despite the closure of the fund, entries may be made in the accounts for the fund for transactions completed before the commencement.
In this section—commencement means the commencement of this section.controlled receipt see Financial Administration and Audit Act 1977, section 4(2).families department means the department within which the fund was administered immediately before the commencement.public moneys see Financial Administration and Audit Act 1977, schedule 3.
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