Commonwealth Consolidated Acts

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NATIONAL MUSEUM OF AUSTRALIA ACT 1980 - SECT 34

National Museum of Australia Fund

  (1)   There is established by this section a fund by the name of the National Museum of Australia Fund.

  (2)   Income received from the investment of money standing to the credit of the Fund forms part of the Fund.

  (3)   These are to be paid into the Fund:

  (a)   gifts and bequests of money that the Museum accepts after the commencement of this section (otherwise than on trust);

  (b)   money that the Museum receives after that commencement (other than money to be held on trust by the Museum) from the disposal of property given, devised, bequeathed or assigned to the Museum (whether before, at or after that commencement);

  (c)   so much of the money held by the Museum in bank accounts (otherwise than on trust) immediately before that commencement as the Minister determines by notice in writing given to the Museum within 21 days after that commencement.

  (4)   The payment of money into a bank account maintained by the Museum under the name of the National Museum of Australia Fund is taken, for the purposes of subsection   ( 3) of this section, to be a payment of the money into the Fund.



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