Commonwealth Consolidated Acts Commonwealth Consolidated ActsThe following is a simplified outline of this Act:
• This Act sets up the Future Fund.
• The Future Fund Board of Guardians is responsible for deciding how to invest the Future Fund.
• Investments of the Future Fund will consist of financial assets.
• The Board is bound by a Future Fund Investment Mandate given to it by the responsible Ministers.
• The Future Fund Management Agency is responsible for assisting and advising the Board.
Note: The Future Fund Board of Guardians has additional functions under the Future Drought Fund Act 2019 , the DisabilityCare Australia Fund Act 2013 , the Disaster Ready Fund Act 2019 , the Housing Australia Future Fund Act 2023 , the Medical Research Future Fund Act 2015 and the Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 .