Parking Space Levy Act 2009 No 5
11 Public Transport Fund
(1) There is established in the Special Deposits Account an account to
be called the Public Transport Fund.
(2) There is payable into the Public Transport Fund:
(a) all money appropriated to the Public Transport Fund from the
Consolidated Fund, and
(b) any interest received in respect of the investment of money
belonging to the Fund, and
(c) any money directed to be paid into the Fund by or under this or
any other Act.
(3) There is payable out of the Public Transport Fund:
(a) money to finance public transport services,
(b) money to finance projects that facilitate access by public
transport to and from, or within, leviable districts, including projects for
the construction, maintenance and ongoing management of parking facilities,
and other such infrastructure, and
(c) money to finance initiatives for the communication of information
to commuters, including initiatives that make use of new technologies,
(d) money to pay amounts that become payable under Parts 4 and 10 of
the Taxation Administration Act
1996 in relation to parking space levies paid to the Chief
(e) money that is directed to be paid from the Fund by or under this
or any other Act.
(4) Money is to be paid out of the Public Transport Fund in accordance
with directions of the Minister.