These receipts, together with any income accruing to the Fund, are applied by the Trustees. The Trustees have coordinated the allocations made with those made to the beneficiaries from the Statutory Interest Account so as to give an assured level of income in each period. The Trustees have made commitments to the beneficiaries for the payment of recurrent base funding for a period ending 30 June 2000. These grants are paid jointly with the Statutory Interest Account. Additional commitments have been made for a number of Special Project Grants.
Payment is subject to any grant conditions being fulfilled.
The Law Society of New South Wales is the professional association for the solicitors branch of the legal profession in the State of New South Wales, Australia. 170 Phillip Street, Sydney NSW 2000, Australia.