Commonwealth Consolidated Acts

ABORIGINAL AND TORRES STRAIT ISLANDER LAND AND SEA FUTURE FUND ACT 2018 - SECT 23

  (1)   On the business day before the first business day in October in the financial year beginning on 1   July 2018, the Finance Minister must cause an amount equal to the amount worked out under subsection   22(1) to be:

  (a)   debited from the Aboriginal and Torres Strait Islander Land and Sea Future Fund Special Account; and

  (b)   credited to the Indigenous Land and Sea Corporation Funding Special Account.

  (2)   On the business day before the first business day in October in:

  (a)   the financial year beginning on 1   July 2019; or

  (b)   a later financial year;

the Finance Minister must cause an amount equal to the amount worked out under subsection   22(2) for the financial year to be:

  (c)   debited from the Aboriginal and Torres Strait Islander Land and Sea Future Fund Special Account; and

  (d)   credited to the Indigenous Land and Sea Corporation Funding Special Account.