DISABILITYCARE AUSTRALIA FUND ACT 2013
Table of Provisions
PART 1--PRELIMINARY
- 1 Short title
- 2 Commencement
- 3 Simplified outline
- 4 Definitions
- 5 Crown to be bound
- 6 Extension to external Territories
- 7 Extra - territorial application
- 8 Object
PART 2--DISABILITYCARE--AUSTRALIA FUND
Division 1--Introduction
- 9 Simplified outline
Division 2--Establishment of the DisabilityCare Australia Fund etc.
- 10 Establishment of the DisabilityCare Australia Fund
- 11 Establishment of the DisabilityCare Australia Fund Special Account
Division 3--Credits of amounts to the DisabilityCare Australia Fund
- 12 Credits to Special Account--determinations by the Treasurer
- 13 Maximum amount of credits for States and Territories for a financial year
Division 4--Debits of amounts from the DisabilityCare Australia Fund, etc.
- 14 Purposes of the DisabilityCare Australia Fund Special Account--main purposes
- 15 Purposes of the DisabilityCare Australia Fund Special Account--purposes related exclusively to the investments etc. of the DisabilityCare Australia Fund
- 16 Purposes of the DisabilityCare Australia Fund Special Account--purposes not related exclusively to the DisabilityCare Australia Fund
- 17 Reimbursing the Commonwealth--transfer to general CRF
- 18 Reimbursing the States and Territories--channelling of State/Territory grants payments through the Federation Reform Fund
- 19 Reimbursing the States and Territories--limit on annual debits based on maximum amount of credits for States and Territories
- 20 Reimbursing the States and Territories--recommendations about grants payments
- 21 Reimbursing the States and Territories--debit from the Federation Reform Fund
- 22 Reimbursing the States and Territories--grant to a State or Territory
- 23 Future Fund Board must ensure that there is sufficient money in the DisabilityCare Australia Fund Special Account to cover authorised debits etc.
Division 5--Inter-fund transfers
- 24 Transfers from the DisabilityCare Australia Fund to the Future Fund
PART 3--INVESTMENT--OF THE DISABILITYCARE AUSTRALIA FUND
- 25 Simplified outline
- 26 Objects of investment of the DisabilityCare Australia Fund
- 27 Investment of the DisabilityCare Australia Fund
- 28 Management of investments of the DisabilityCare Australia Fund
- 29 DisabilityCare Australia Fund Investment Mandate
- 30 Limitation on DisabilityCare Australia Fund Investment Mandate
- 31 Future Fund Board to be consulted on DisabilityCare Australia Fund Investment Mandate
- 32 Compliance with DisabilityCare Australia Fund Investment Mandate
- 33 Future Fund Board must not trigger the takeover provisions of the Corporations Act 2001
- 34 Borrowing
- 35 DisabilityCare Australia Fund investment policies
- 36 Derivatives
- 37 Additional financial assets
- 38 Securities lending arrangements
- 39 Investment managers
- 41 Refund of franking credits
- 42 Realisation of non - financial assets
- 43 Additional function of the Future Fund Board
PART 4--REPORTING--OBLIGATIONS ETC.
- 44 Finance Minister to prepare report on balance of DisabilityCare Australia Special Account etc.
- 45 Finance Minister may require Future Fund Board to prepare reports or give information
- 46 Keeping the responsible Ministers informed etc.
- 47 Finance Minister may give reports to other Ministers etc.
PART 6--MISCELLANEOUS
- 52 Delegation by the Finance Minister
- 53 Delegation by the National Disability Insurance Minister
- 54 Delegation by the Treasurer
- 55 Review of operation of Act
- 56 Regulations