Combat Sports Act 1987

An account called the Combat Sports Commission Account 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,

The Combat Sports Commission Account is a continuation of the account previously called the “Professional Combat Sports Commission Account” and the “Western Australian Boxing Commission Account”.

The funds of the Commission shall consist of —

any moneys received by or paid to the Commission under this Act; and

such moneys as are appropriated by Parliament from time to time; and

any gifts or bequests made to the Commission; and

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

The funds of the Commission shall be applied by the Commission for —

the purposes of carrying out its functions under this Act; and

the payment of such moneys for such purposes as are approved by the Minister.