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ABORIGINAL AND TORRES STRAIT ISLANDER LAND AND SEA FUTURE FUND ACT 2018 - SECT 10

Transfer of balance of the Aboriginal and Torres Strait Islander Land Account

    As soon as practicable after the commencement of this section, there is to be credited to the Aboriginal and Torres Strait Islander Land and Sea Future Fund Special Account an amount equal to the balance of the Aboriginal and Torres Strait Islander Land Account immediately before the commencement of this section.

Note 1:   The Aboriginal and Torres Strait Islander Land Account was continued in existence by repealed section   192W of the Aboriginal and Torres Strait Islander Act 2005 .

Note 2:   The balance of the Aboriginal and Torres Strait Islander Land Account does not include the value of a financial asset that represents the investment of an amount standing to the credit of that account.



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