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Contents (2003 - 43)
Food Act 2003 No 43
Current version for 7 July 2017 to date (accessed 19 November 2017 at 23:02)
Part 9 Division 5 Section 117A
117A   Food Authority Fund
(1)  There is to be established in the Special Deposits Account a Food Authority Fund (the Fund) into which is to be paid:
(a)  all money advanced to the Food Authority by the Treasurer or appropriated by Parliament for the purposes of the Food Authority, and
(b)  all money directed or authorised to be paid into the Fund by or under this or any other Act, and
(c)  the proceeds of the investment of money in the Fund, and
(d)  all money received by the Food Authority under this Act from any other source.
(2)  The Fund is to be applied for the purposes of enabling the Food Authority to exercise its functions under this Act and, in such cases as the Food Authority determines, enabling another enforcement agency to exercise its functions under this Act.
(3)  All expenditure incurred by the Food Authority under this Act is to be paid from the Fund.
(4)  A separate account is to be maintained in the Fund in relation to each levy under section 117C imposed in respect of a particular industry or sector of industry.