7(1)There is established a fund called the NB 911 Service Fund.
7(2)The Minister is the custodian of the Fund and the Fund is held in trust by the Minister.
7(3)The Fund shall be held for the purposes of this Act in a separate account in the Consolidated Fund.
7(4)The fees collected by a telecommunications service provider for the NB 911 service shall be paid into the Fund, less the portion of the fees the telecommunications service provider retains under an agreement entered into under subsection 6(1).
7(5)All interest arising from the Fund shall be paid into and form part of the Fund.
7(6)The Minister may make payments out of the Fund for the following purposes:
(a)
developing, establishing, operating and improving the NB 911 service; and
(b)
paying for costs associated with administering the Fund.
7(1)There is established a fund called the NB 911 Service Fund.
7(2)The Minister is the custodian of the Fund and the Fund is held in trust by the Minister.
7(3)The Fund shall be held for the purposes of this Act in a separate account in the Consolidated Fund.
7(4)The fees collected by a telecommunications service provider for the NB 911 service shall be paid into the Fund, less the portion of the fees the telecommunications service provider retains under an agreement entered into under subsection 6(1).
7(5)All interest arising from the Fund shall be paid into and form part of the Fund.
7(6)The Minister may make payments out of the Fund for the following purposes:
(a)
developing, establishing, operating and improving the NB 911 service; and
(b)
paying for costs associated with administering the Fund.