Commonwealth Consolidated Acts

NATURAL HERITAGE TRUST OF AUSTRALIA ACT 1997

TABLE OF PROVISIONS

           Long Title
           Preamble

   PART 1--INTRODUCTION

   1.      Short title  
   2.      Commencement  
   3.      Simplified outline  

   PART 2--THE--NATURAL HERITAGE TRUST OF AUSTRALIA ACCOUNT

   4.      Natural Heritage Trust of Australia Account  
   5.      Nature of the Account  
   6.      Investments and income of the Account  
   7.      Amounts not held on trust  

   PART 3--PURPOSES--OF THE ACCOUNT

   8.      Purposes of the Account  
   9.      Debits of proceeds from the partial privatisation of Telstra and interest earned from the Account  
   10.     Primary objective of the National Vegetation Initiative  
   11.     Primary objective of the Murray - Darling 2001 Project  
   12.     Primary objectives of the National Land and Water Resources Audit  
   13.     Primary objective of the National Reserve System  
   14.     Primary objectives of the Coasts and Clean Seas Initiative  
   15.     Meaning of environmental protection  
   16.     Meaning of sustainable agriculture  
   17.     Meaning of natural resources management  
   18.     Meaning of accounting transfer purpose  
   19.     Grant of financial assistance to a State  
   20.     Grant of financial assistance to a person, or a body, other than a State  
   21.     Principles of ecologically sustainable development  

   PART 4--CREDITING--OF AMOUNTS TO THE ACCOUNT

   22.     $1.1 billion derived from the initial partial sale of Telstra  
   22A.    $250 million derived from the subsequent partial sale of Telstra  
   23.     Budget appropriations  
   24.     Gifts and bequests  
   25.     Repayments of grants  
   26.     Commonwealth receipts under funding agreements  
   27.     Income from assets acquired using amounts credited to the Account  
   28.     Proceeds of disposal of assets acquired using amounts credited to the Account  
   29.     Income from projects and related activities funded with amounts credited to the Account  

   PART 6--MISCELLANEOUS

   40.     Natural Heritage Ministerial Board  
   41.     Estimates  
   42.     Minimum balance in the Account after 30 June 2001  
   43.     Annual report about the Account  
   44.     Audit of annual financial statements of the Account  
   45.     Delegation by Minister  
   46.     Delegation by Agriculture Minister  
   47.     Acceptance of gifts etc.  
   49.     Appropriations for the purposes of the Natural Resources Management (Financial Assistance) Act 1992  
   50.     Regulations  
   53.      External Territories  
   54.     Interpretation