Victorian Current Acts

PLANNING AND ENVIRONMENT ACT 1987 - SECT 201V

    (1)     There must be established in the Public Account as part of the Trust Fund—

        (a)     an account to be known as the Growth Areas Public Transport Fund; and

        (b)     an account to be known as the Building New Communities Fund.

    (2)     There must be paid into each Fund—

        (a)     50% of all money received by the Commissioner in respect of growth areas infrastructure contributions; and

        (b)     interest received from the investment of money in the Fund.

S. 201V(3) inserted by No. 31/2011 s. 23.

    (3)     Subsection (2) does not apply to any amount taken to be paid to the Commissioner under section 201SLM(1).

S. 201V(4) inserted by No. 31/2011 s. 23.

    (4)     The Consolidated Fund is appropriated to the extent necessary for the purposes of subsection (2)(a).

S. 201VA inserted by No. 23/2010 s. 9.