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s 10

Establishment of Anzac Day Trust Account

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10 Establishment of Anzac Day Trust Account

(1)

An agency special purpose account called the Anzac Day Trust Account (the Account) is established under section 16 of the Financial Management Act 2006, which is to be administered by the Trust.

(2)

There shall be credited to the Account —

[(a) deleted]

(b)

all moneys paid to the Trust pursuant to the provisions of section 5; and

(c)

all moneys paid to the Trust pursuant to the provisions of section 7; and

(d)

all donations, devises and bequests made to the Trust; and

(e)

any other moneys lawfully received by, made available to, or payable to the Trust.

(3)

The money standing to the credit of the Account —

(a)

may be applied in payment of the costs of the administration of this Act; and

(b)

may, with the approval of the Minister, be applied by the Trust for any purpose that benefits ex‑service personnel or their families.

(4)

Nothing in this section shall entitle, or be deemed to entitle, any Trustee to any remuneration, allowance or expenses in respect of the exercise by him of his functions and duties under this Act.

[Section 10 amended: No. 14 of 1964 s. 4; No. 2 of 1970 s. 2; No. 49 of 1996 s. 64; No. 28 of 2003 s. 13; No. 62 of 2003 s. 5; No. 28 of 2006 s. 409; No. 77 of 2006 s. 17; No. 4 of 2016 s. 9.]

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