s 41
In forceLimitation on Medical Research Future Fund Investment Mandate
Part 4Investment of the Medical Research Future Fund
41 Limitation on Medical Research Future Fund Investment Mandate
(1)
The responsible Ministers must not give a direction under subsection 39(1) that has the purpose, or has or is likely to have the effect, of directly or indirectly requiring the Future Fund Board to:
(a)
invest an amount standing to the credit of the Medical Research Future Fund Special Account in a particular financial asset; or
(b)
acquire a particular derivative; or
(c)
allocate financial assets to:
(i)
a particular business entity; or
(ii)
a particular activity; or
(iii)
a particular business.
(2)
Paragraphs (1)(a) and (b) do not limit paragraph (1)(c).
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