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s 21

Funds of TasTAFE

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Part 3Administration of TasTAFE
Division 2Assets of TasTAFE

21 Funds of TasTAFE

The funds of TasTAFE consist of any money – received by it by way of fees, levies and charges; and otherwise received by it in the course of performing its functions and exercising its powers; and received by it, or the TasTAFE Board, from any other source.

The funds of TasTAFE are to be applied – in the payment of the remuneration of the TasTAFE directors, the TasTAFE CEO and the TasTAFE employees; and in the payment or discharge of the expenses, charges and obligations incurred or undertaken by TasTAFE in the performance and exercise of its functions and powers.

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