Cap. 455 Art. 19Revenue from sport facilities and the Sports Fund.

(1) The fund that immediately prior to the coming into force of this Act was denominated "Sports Fund" and administered by SportMalta għall-Isport shall he vested in SportMalta and shall continue to be denominated "Sports Fund".

(2) All ground rents and rent payable to Government or to SportMalta in furtherance of a resolution passed by the House of Representatives in accordance with the provisions of the Disposal of Government Land Act in respect of sport facilities before as well as after the coming into force of this Act, and the consideration arising from any deed entered into in accordance with article 18(2)and (7) from sport facilities shall be vested in SportMalta to be utilised in accordance with the provisions of this Act. Such revenue shall be deposited in the Sports Fund.

(3) The Sports Fund shall be utilised for the purpose of development and maintenance of sport facilities and for such other purposes falling within the functions of SportMalta as the Minister may from lime to time authorise.