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, and

(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, and

(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 Commissioner, and

(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.