Future Fund Board must ensure that the balance of the Housing Australia Future Fund Special Account is sufficient to cover authorised debits etc

Current

The Future Fund Board must take all reasonable steps to ensure that the balance of the Housing Australia Future Fund Special Account is sufficient to cover the debits of amounts for the purposes specified in sections 12, 13 and 14.

Note:

This may require the Future Fund Board to realise an investment of the Housing Australia Future Fund in accordance with section 40.

This Act’s bill:Explanatory memorandum Second reading speech

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15 Future Fund Board must ensure that the balance of the Housing Australia Future Fund Special Account is sufficient to cover authorised debits etc