State Sports Centres Fund
28 State Sports Centres Fund
The Trust must establish and maintain a fund to be known as the "State Sports Centres Fund".
S. 28(2) substituted by No. 41/2022 s. 12.
There must be paid into the State Sports Centres Fund—
all money received by or paid to the Trust in respect of the State Sport Centres or the State Sport Centres land; and
all money received by or paid to the Trust in respect of any other sports, recreation and entertainment facilities or services (other than State Sport Centres) managed or operated by the Trust; and
all money required or authorised by or under this Act or any other Act to be paid into the Fund; and
any income received by the Trust from the investment of moneys in the Fund.
S. 28(3) inserted by No. 41/2022 s. 12.
Money in the Fund may be applied only—
in payment or discharge of the debts and liabilities of the Trust in, or in connection with, the performance and exercise of the functions and powers of the Trust in relation to—
the State Sport Centres or the State Sport Centres land; and
any other sports, recreation and entertainment facilities or services (other than the State Sport Centres) managed or operated by the Trust; and
in payment of the costs of the management of the State Sport Centres or the State Sport Centres land or the provision of services at the Centres or on that land, including the costs of employing and engaging people for the purposes of managing and operating the Centres and that land or the provision of services at the Centres or on that land; and
in payment of the costs of the management of any other sports, recreation and entertainment facilities or services (other than the State Sport Centres) managed or operated by the Trust or the provision of services at those facilities, including the costs of employing and engaging people for the purposes of managing and operating the facilities or the provision of those services; and
in payment of any other amount—
authorised or required to be paid out of the Fund under this Act; or
agreed to by the Trust and the Minister to be paid out of the Fund.
S. 28A inserted by No. 60/1999 s. 14, repealed by No. 41/2022 s. 13.
* * * * *
S. 28B inserted by No. 60/1999 s. 14, repealed by No. 41/2022 s. 13.
* * * * *
S. 29 substituted by No. 11/2001 s. 3(Sch. item 70).
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.