44I Funds to be held on trust
  • (1) All money held by the Board shall be held on trust and may be expended in accordance with the provisions of this Act.

    (2) The Board shall pay administration expenses only where the payment of such expenses is provided for or contemplated by this Act or regulations made under section 72.

    (3) For the purposes of the application to the Board of the provisions of any other enactment or rule of law, all the purposes for which the Board holds and expends money shall be deemed to be charitable purposes.

    Section 44I: inserted, on 17 May 1993, by section 4 of the Wildlife Amendment Act 1993 (1993 No 39).