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s 18

Transfers from the Aboriginal and Torres Strait Islander Land and Sea Future Fund to the Future Fund

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Part 2Aboriginal and Torres Strait Islander Land and Sea Future Fund
Division 4Inter‑fund transfers

18 Transfers from the Aboriginal and Torres Strait Islander Land and Sea Future Fund to the Future Fund

(1)

If an amount is debited from the Future Fund Special Account for a purpose mentioned in subclause 2(2) of Schedule 2 to the Future Fund Act 2006, the Finance Minister may, by writing, direct that, on a specified day, a specified amount is to be:

(a)

debited from the Aboriginal and Torres Strait Islander Land and Sea Future Fund Special Account; and

(b)

credited to the Future Fund Special Account.

(2)

The specified amount must not exceed the amount debited from the Future Fund Special Account as mentioned in subsection (1).

(3)

A direction under subsection (1) is not a legislative instrument.

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Section 18 — Transfers from the Aboriginal and Torres Strait Islander Land and Sea Future Fund to the Future Fund — Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 (Commonwealth) — Barrister AI