Commonwealth Consolidated Acts

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FUTURE DROUGHT FUND ACT 2019 - SECT 38

Objects of investment of the Future Drought Fund

  (1)   The main objects of the acquisition by the Future Fund Board of a financial asset as an investment of the Future Drought Fund are to enhance the Commonwealth's ability to transfer amounts in accordance with section   34.

  (2)   The ancillary objects of the acquisition by the Future Fund Board of a financial asset as an investment of the Future Drought Fund are to enhance the ability of the Commonwealth and the Future Fund Board to discharge the costs, expenses, obligations and liabilities mentioned in sections   16 and 17.



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