Objects of investment of the DisabilityCare Australia Fund
26 Objects of investment of the DisabilityCare Australia Fund
The main object of the acquisition by the Future Fund Board of a financial asset as an investment of the DisabilityCare Australia Fund is to enhance the Commonwealth’s ability:
to reimburse the States and Territories for expenditure incurred in relation to the National Disability Insurance Scheme Act 2013; and
to reimburse the Commonwealth for expenditure incurred in relation to the National Disability Insurance Scheme Act 2013.
The ancillary objects of the acquisition by the Future Fund Board of a financial asset as an investment of the DisabilityCare Australia Fund are to enhance the ability of the Commonwealth and the Future Fund Board to:
discharge costs, expenses, obligations and liabilities; and
make payments;
as mentioned in paragraphs 15(a) to (g) and 16(a) to (f).
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