•   There is to be a National Reconstruction Fund Corporation.

•   The functions of the Corporation include:

  (a)   the Corporation's investment functions; and

  (b)   to liaise with relevant persons and bodies, including other Commonwealth entities and State and Territory governments, for the purposes of facilitating the Corporation's investment functions.

•   There is to be a Board of the Corporation and a Chief Executive Officer of the Corporation.

•   The Corporation can engage staff and consultants.

•   The National Reconstruction Fund Corporation Special Account is established.

•   Amounts are to be credited to the Account.

•   The purpose of the Account is to make payments to the Corporation.

•   The Corporation's investment functions are:

  (a)   to provide financial accommodation for purposes relating to any of the priority areas of the Australian economy; and

  (b)   to acquire equity interests in entities that carry on activities in a priority area of the Australian economy.

•   The Corporation may perform its investment functions itself or through subsidiaries.

•   Each investment of the Corporation must be solely or mainly Australian - based.

•   The Minister administering this Act and the Finance Minister jointly exercise various powers conferred by this Act in relation to the Corporation.

•   The Corporation is bound by the Investment Mandate given to it by the Ministers.