Tasmanian Beef Industry (Research and Development) Trust Act 1990

The Trust shall establish such authorised deposit-taking institution accounts as it considers necessary.

The funds of the Trust shall consist of – the money paid to it under section 14; and all other money received from any other source by the Trust.

The funds of the Trust shall be applied – in payment or discharge of the expenses, charges and obligations incurred or undertaken by the Trust in the exercise of its powers; and in payment of any fees and allowances payable under this Act.