Melbourne Strategic Assessment (Environment Mitigation Levy) Act 2020

There must be established in the Public Account as part of the Trust Fund an account to be known as the Melbourne Strategic Assessment Fund.

There must be paid into the Fund—

all money received by the Secretary as payment of the levy; and

interest paid on outstanding amounts of the levy; and

interest received from the investment of money in the Fund; and

all money directed or authorised to be paid into the Fund by or under any other Act; and

money paid by persons to the State in compliance with the 2010 Commonwealth approval.

In addition, any money standing to the credit of the Fund may be invested in any securities that are approved by the Treasurer and any interest derived from any such investment must be paid into the Fund.