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Salient: Victoria University of Wellington Students' Newspaper. Vol. 32, No. 5. 1969.

Development Fund

Development Fund

The VUWSA Development Fund was set up for the purpose of Association capital expenditure or for capital grants and loans to clubs affiliated to the Association. The Fund initially consisted of $24,000 which included the $10,000 loan to the Halls of Residence Appeal and the $9,000 loan to the VUW Ski Club, with the balance of $5,000 invested in Wellington City Council Loan Stock.