Acts and Regulations

A-13.1 - Arts Development Trust Fund Act

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Repealed on 1 September 2011
CHAPTER A-13.1
Arts Development Trust Fund Act
Assented to April 27, 1990
Her Majesty, by and with the advice and consent of the Legislative Assembly of New Brunswick, enacts as follows:
Repealed: R.S.N.B. 2011, Schedule A
Establishment and administration of Arts Development Trust Fund
1(1)There is hereby established a fund to be known as the Arts Development Trust Fund.
1(2)Payments into the Arts Development Trust Fund shall be made in accordance with the Gaming Control Act.
1(3)The Minister of Finance shall be the custodian of the Arts Development Trust Fund and the Arts Development Trust Fund shall be held in trust by the Minister of Finance.
1(4)Payments for the purposes of section 2 shall be a charge upon and payable out of the Arts Development Trust Fund.
1(5)All interest arising from the Arts Development Trust Fund shall be paid into and form part of the Arts Development Trust Fund.
1(6)The Minister of Finance may invest the money in the Arts Development Trust Fund in the manner authorized by the Trustees Act and may invest in securities issued pursuant to the Provincial Loans Act.
1993, c.1, s.2; 2003, c.E-4.6, s.160; 2008, c.G-1.5, s.87
Use of assets of Fund
2The assets of the Arts Development Trust Fund shall be used to provide grants to individuals, arts organizations and the New Brunswick Arts Board-Conseil des arts du Nouveau-Brunswick so as to promote artistic creation and excellence in the Arts.
1998, c.24, s.1
Minister may provide grants
3For the purposes of section 2, the Minister of Wellness, Culture and Sport may,
(a) after consultation with the New Brunswick Arts Board-Conseil des arts du Nouveau-Brunswick or a jury established by the Board, provide grants to individuals and arts organizations, and
(b) provide grants to the New Brunswick Arts Board-Conseil des arts du Nouveau-Brunswick.
1990, c.N-3.1, s.17; 1992, c.2, s.7; 1998, c.24, s.2; 1998, c.41, s.10; 2000, c.26, s.24; 2007, c.10, s.17
Certification of grants
4(1)The Minister of Wellness, Culture and Sport shall certify to the Minister of Finance the amount of the grants provided under section 3.
4(2)Where the Minister of Wellness, Culture and Sport certifies the amounts of the grants provided, the Minister of Finance may rely on the amount so certified.
1992, c.2, s.7; 1998, c.41, s.10; 2000, c.26, s.24; 2007, c.10, s.17
N.B. This Act is consolidated to September 1, 2011.