Commonwealth Consolidated Acts

DISABILITYCARE AUSTRALIA FUND ACT 2013

TABLE OF PROVISIONS

           Long Title

   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