(1) An agency special
purpose account called the Sunset Reserve Account is to be established under
the Financial Management Act 2006 section 16.
(2) The account is to
be credited with the following —
(a) the
proceeds of the disposal of the excised land;
(b)
moneys received or recovered in respect of the lease or other use of any part
of Sunset Reserve;
(c) any
amount appropriated by Parliament to, or otherwise lawfully received for, the
account.
(3) Moneys held in the
account are to be applied in payment of costs and expenses incurred in the
conservation and management of Sunset Reserve.