Building and Construction Industry Training Fund
17 Building and Construction Industry Training Fund
The funds available to the Board for the purposes of this Act are —
all levy imposed under the Building and Construction Industry Training Levy Act 1990; and
any penalty under section 24; and
all moneys borrowed by the Board under section 20; and
any moneys derived from investment by the Board under section 19; and
any other moneys lawfully received by, made available to, or payable to the Board.
An account called the Building and Construction Industry Training Fund is to be established —
as an agency special purpose account under section 16 of the Financial Management Act 2006; or
with the approval of the Treasurer, at a bank as defined in section 3 of that Act,
to which the moneys referred to in subsection (1) are to be credited.
[Section 17 amended: No. 77 of 2006 Sch. 1 cl. 17(2).]
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