Commonwealth Consolidated Acts

FINANCIAL AGREEMENT ACT 1994 - SECT 6

  (1)   There is continued in existence the Debt Retirement Reserve Trust Account.

Note:   The Account was established by subsection   5(3) of the Financial Management Legislation Amendment Act 1999 .

  (2)   The Account is a special account for the purposes of the Public Governance, Performance and Accountability Act 2013 .

  (3)   The purpose of the Account is to make payments in accordance with the 1994 Financial Agreement.

  (4)   There must be credited to the Account amounts equal to all money received by the Commonwealth under the 1994 Financial Agreement.