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Contents (1979 - 203)
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Environmental Planning and Assessment Act 1979 No 203
Current version for 25 August 2017 to date (accessed 22 September 2017 at 14:26)
Part 4 Division 6 Subdivision 5
Subdivision 5 Establishment of Special Contributions Areas Infrastructure Fund
94EI   Definition
In this Subdivision:
the Fund means the Special Contributions Areas Infrastructure Fund established under section 94EJ.
94EJ   Establishment of Fund
(1)  There is to be established in the Special Deposits Account a fund called the Special Contributions Areas Infrastructure Fund.
(2)  The Fund is to be administered by the Secretary. The Secretary is to consult the Secretary of the Treasury in relation to the administration of the Fund.
94EK   Payments into Fund
The following is to be paid into the Fund:
(a)  monetary contributions received by a consent authority under Subdivision 4,
(b)  the proceeds of the sale of any land received by a consent authority under Subdivision 4,
(c)  any money appropriated by Parliament for the purposes of the Fund,
(d)  the proceeds of the investment of money in the Fund,
(e)  any other money required to be paid into the Fund by or under this or any other Act or the regulations under this Act.
94EL   Payments out of Fund
(1)  The following is to be paid from the Fund:
(a)  payments to public authorities for the provision of infrastructure in relation to development,
(b)  any money required to meet administrative expenses in relation to the Fund,
(c)  all other money directed or authorised to be paid from the Fund by this Act or by the regulations under this Act.
(2)  The assets of the Fund can only be applied for the purposes referred to in subsection (1).
94EM   Investment of money in Fund
The money in the Fund may be invested:
(a)  in such manner as may be authorised by the Public Authorities (Financial Arrangements) Act 1987, or
(b)  if that Act does not confer power on the Department to invest the money, in any other manner approved by the Treasurer.