Document ID: chunk:federal_register_of_legislation:C2025C00105:section:144w
Version: federal_register_of_legislation:C2025C00105
Segment Type: section
Provision Reference: s 144W
Character Range: 99232–100136

144W  TSRA Land and Natural Resources Fund
 (1) There is established by this subsection a fund to be known as the TSRA Land and Natural Resources Fund.
 (2) There is to be paid into the TSRA Land and Natural Resources Fund such amounts of the TSRA's money as the TSRA determines in writing.
 (3) Money in the TSRA Land and Natural Resources Fund may be spent only:
 (a) in developing and implementing the marine strategy referred to in subsection 142D(3); or
 (b) in developing or maintaining real estate; or
 (c) in acquiring an interest in land under subsection 142F(3); or
 (d) in making a grant of money under section 142F or 142GA on condition that the money be spent for a purpose described in paragraph (a) or (b) or in acquiring an interest in land.
 (4) Subsection (3) does not prevent the investment of money under section 59 of the Public Governance, Performance and Accountability Act 2013.