Document ID: chunk:federal_register_of_legislation:C2007C00134:clause:2_5
Version: federal_register_of_legislation:C2007C00134
Segment Type: clause
Provision Reference: sch 2 cl 5
Character Range: 138615–139505

5  Forestry Reserve

 (1)  This subsection establishes a reserve called the Forestry Reserve.

 (1A) The Reserve is a component of the Reserved Money Fund.

 (2) There must be transferred to the Reserve from the Consolidated Revenue Fund:
 (a) amounts equal to donations for the furtherance of forestry that are received by the Director‑General or are otherwise received by or on behalf of the Commonwealth; and
 (b) money appropriated by the Parliament for the purposes of the Reserve or payable to the Reserve under any other law.

 (3) Money in the Reserve may be applied, in a manner approved by the Minister, for the furtherance of forestry.

 (4) If interest is received by the Commonwealth from the investment of money from the Reserve, an amount equal to the interest must be transferred to the Reserve from the Consolidated Revenue Fund.

Great Barrier Reef Marine Park Act 1975