New South Wales Consolidated Acts

GOVERNMENT SECTOR FINANCE ACT 2018 - SECT 10.3B

10.3B Transfers between funds

(1) The Treasurer may make transfers between relevant funds if the Treasurer is satisfied the transfer promotes the objects of this Act.

(2) This section has effect despite a provision of this Act or another Act or law placing limitations on payments into or out of a relevant fund.

(3) This section does not apply to the NSW Generations (Debt Retirement) Fund established under the NSW Generations Funds Act 2018 .

(4) This section does not apply to a Fund within the meaning of the Long Service Corporation Act 2010 .

(5) In this section--

"relevant fund" means an SDA account or statutory special purpose fund if assets of the account or fund are invested directly or indirectly in the NSW Master Fund (ABN 36 785 574 626).