Page:Casino Control Act 2006.pdf/25

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CASINO CONTROL
25


(4) Any item forfeited under this section shall be disposed of in accordance with any direction of the court.

Division 4—Financial provisions

Funds and property of Authority

18. The funds and property of the Authority shall consist of—

(a) grants made under section 21;
(b) all fees, fines, composition sums and financial penalties paid into the funds of the Authority under this Act;
(c) all moneys paid to the Authority for the purposes of the Authority;
(d) all moneys paid to the Authority by way of grants, subsidies, donations, gifts and contributions;
(e) all moneys received by the Authority by way of charges and fees for services rendered by the Authority to any person;
(f) all moneys, dividends, royalties, interest or income received from any transaction made pursuant to the powers conferred on the Authority under this Act or any other written law;
(g) all moneys borrowed by the Authority under this Act;
(h) all other moneys and property lawfully received by the Authority for the purposes of the Authority; and
(i) all accumulations of income derived from any such property or money.

Financial year

19. The financial year of the Authority shall begin on 1st April of each year and end on 31st March of the succeeding year, except that the first financial year of the Authority shall begin on the appointed day and end on 31st March of the succeeding year.

Moneys recovered or collected by Authority

20. Except where otherwise provided, all moneys recovered and

harges, fees, fines, composition sums and financial penalties collected by