Commonwealth Consolidated Acts

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DISABILITYCARE AUSTRALIA FUND ACT 2013 - SECT 26

Objects of investment of the DisabilityCare Australia Fund

  (1)   The main object of the acquisition by the Future Fund Board of a financial asset as an investment of the DisabilityCare Australia Fund is to enhance the Commonwealth's ability:

  (a)   to reimburse the States and Territories for expenditure incurred in relation to the National Disability Insurance Scheme Act 2013 ; and

  (b)   to reimburse the Commonwealth for expenditure incurred in relation to the National Disability Insurance Scheme Act 2013 .

  (2)   The ancillary objects of the acquisition by the Future Fund Board of a financial asset as an investment of the DisabilityCare Australia Fund are to enhance the ability of the Commonwealth and the Future Fund Board to:

  (a)   discharge costs, expenses, obligations and liabilities; and

  (b)   make payments;

as mentioned in paragraphs 15(a) to (g) and 16(a) to (f).



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