South Australian Numbered Acts

ADELAIDE DOLPHIN SANCTUARY ACT 2005 (NO 5 OF 2005) - SECT 22

22—ADS Fund

        (1)         There will be a fund kept in a separate account at the Treasury to be called the Adelaide Dolphin Sanctuary Fund.

        (2)         The ADS Fund will consist of—

            (a)         any money provided by Parliament for the purposes of the fund; and

            (b)         any money provided by the Government of the Commonwealth for the purposes of the fund; and

            (c)         grants, gifts and bequests made to the Minister for payment into the fund; and

            (d)         proceeds from sales by the Minister under section 45; and

            (e)         any income arising from the investment of the fund under subsection (3); and

            (f)         all other money that is required or authorised by or under this Act or any other law to be paid into the fund.

        (3)         Any money in the ADS Fund that is not for the time being required for the purposes of this Act may be invested by the Minister after consultation with the Treasurer.

        (4)         The Minister may apply any part of the ADS Fund—

            (a)         for any purpose to further the objects or objectives of this Act; and

            (b)         in payment of the expenses of administering the fund.

        (5)         The Minister must, before applying money belonging to the fund in furtherance of the objects and objectives of this Act, have regard to any advice provided by the ADS Advisory Board in relation to the matter.