Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

FUTURE DROUGHT FUND ACT 2019 - SECT 12

Transfer of investments of the Building Australia Fund

Scope

  (1)   This section applies to a financial asset if, immediately before the commencement of this section, the asset was an investment of the Building Australia Fund.

Transfer

  (2)   Immediately after the commencement of this section, the financial asset is taken to cease to be an investment of the Building Australia Fund and to become an investment of the Future Drought Fund.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback