33B
CurrentMeaning of designated annual amount
Part 4Transfers from the Housing Australia Future Fund Special Account to the Housing Australia Special Account
33B Meaning of designated annual amount
The designated annual amount for a financial year is:
(a)
if a determination in force under section 33C specifies the amount applicable to the financial year—that amount; or
(b)
otherwise—$500 million.
Note:
If no determination has been made under section 33C, the designated annual amount is indexed in accordance with section 33E. If a determination has been made under section 33C, the determination may provide for the designated annual amount to be indexed in accordance with the determination.
This Act’s bill:Explanatory memorandumSecond reading speech
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