New Jersey Statutes 12:7A-26. Boat Certification Fund
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Terms Used In New Jersey Statutes 12:7A-26
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
All moneys collected for fees and penalties imposed by this act shall be deposited as part of the State‘s general funds with the State Treasurer, who shall keep a record of the same. The sums shall be credited to a fund to be known as the “Boat Certification Fund,” which fund shall be used exclusively for the administrative and enforcement costs associated with carrying out the provisions of this act. Any moneys remaining in the Boat Certification Fund at the close of each fiscal year shall be allocated to the Attorney General for disbursement to the State Marine Police Force. This fund shall be kept separate and apart from all other State moneys and shall be disbursed by the State Treasurer on vouchers certified to by the director.
L. 1984, c. 152, s. 26, eff. June 15, 1987.