Restart NSW Fund Act 2011 (NSW)

Restart NSW Fund Act 2011 No 32

An Act to establish the Restart NSW Fund for the purpose of setting aside funding for and securing the delivery of major infrastructure projects and other necessary infrastructure.

Part 1 Preliminary

1 Name of Act This Act is the Restart NSW Fund Act 2011.

2 Commencement This Act commences on the date of assent to this Act.

3 Object of Act The object of this Act is to establish the Restart NSW Fund for the purpose of setting aside funding for and securing the delivery of major infrastructure projects and other necessary infrastructure.

4 Definitions (1) In this Act: function includes a power, authority or duty, and exercise a function includes perform a duty. government agency means: (a) a public authority constituted by or under an Act, or (b) a NSW Government agency, or (c) a Division of the Government Service, or (d) a local council or other local authority, or (e) a State owned corporation. Infrastructure NSW means Infrastructure NSW constituted under the Infrastructure NSW Act 2011. major infrastructure project has the same meaning as it has in the Infrastructure NSW Act 2011.

Note— The expression is defined in that Act to mean a project to provide infrastructure: (a) that has a capital investment value of more than $100 million, or (b) that is nominated by the Premier as a special project requiring oversight or co-ordination by Infrastructure NSW. the Fund means the Restart NSW Fund established under Part 2. (2) Notes included in this Act do not form part of this Act.

Part 2 Restart NSW Fund

5 Establishment of Restart NSW Fund There is to be established in the Special Deposits Account a fund called the Restart NSW Fund.