Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If, at a particular time, the balance of the Account exceeds $1 billion, an amount equal to the excess is debited from the Account immediately after that time.
(2) The Minister may, by writing, direct that a specified amount is to be debited from the Account on a specified day (which must be on or after the day the direction is made).
(3) The Minister must consult the Board before making a direction under subsection (2).
(4) A direction under subsection (2) is not a legislative instrument.
(5) The Minister must give a copy of a direction under subsection (2) to the Finance Minister.