Queensland Consolidated Acts Queensland Consolidated Acts(1) All amounts received by or on behalf of the council (including any fees, costs and penalties) are to be paid into the funds of the council and applied for the purposes of this Act.
(2) Expenses of and incidental to the administration of this Act are to be paid by the council from its funds.
(3) The council may apply any part of its funds that are not required for making payments under subsection (2) towards--
(a) nurse education or research; or
(b) any public purpose connected with the nursing profession.
(4) The council may establish a fund called the Nurse Education and Research Fund.
(5) The Nurse Education and Research Fund is to be maintained separate from the other funds of the council.
(6) There is to be paid into the Nurse Education and Research Fund--
(a) all amounts appropriated by the Parliament from the consolidated fund and paid to the council; and
(b) any other amounts received by the council;
for the purpose of the advancement of nurse education or research.
(7) Amounts in the Nurse Education and Research Fund are to be applied only towards nurse education or research.
(8) For the purpose of this section, expenses incurred for nurse education or research include expenses of and incidental to the administration of the provisions of this Act that relate to the functions of the council mentioned in section 7(a), (c) to (e), (h) and (k).