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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 935
Interest and profits from investment of Fund
935. (1) The interest and profits from time to time accruing from the
investment of the Fund shall be applied by SEGC to pay:
(a) the expenses incurred in the administration of the Fund, including the
salaries and wages of persons employed by SEGC or the Board in
relation to the Fund; and
(b) all premiums payable in respect of contracts of insurance or indemnity
entered into by SEGC under section 982.
(2) An amount of interest or profit that accrues from the investment of the
Fund and is not immediately required for the purposes referred to in
subsection (1) shall be paid into the Fund.
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