Victorian Current Acts

EPWORTH FOUNDATION ACT 1980 - SECT 7

S. 7(1)
amended by No. 97/1997
s. 10(a).

    (1)     Subject to subsection (2), the income and property of the Foundation shall be applied solely to further the objects of the Foundation.

S. 7(2)
amended by Nos 97/1997
s. 10(a), 74/2000 s. 3(Sch. 1 item 42.1).

    (2)     Nothing in subsection (1) shall prevent the payment in good faith by the Foundation of the salaries and wages of its officers and employees and the proper fees of the members of the Board of Management.

S. 8
amended by No. 97/1997
s. 10(a)(b).