NSW Generations Funds Act 2018

The following are to be paid into the Debt Retirement Fund—

all money appropriated by Parliament, or advanced by the Treasurer, for payment into the Fund,

all money appropriated by Parliament to the Treasurer for the general purposes of the Government (and not for the purposes of individual GSF agencies) and directed by the Treasurer to be paid into the Fund,

any money that is directed by the Treasurer under subsection (2) to be paid into the Fund,

all money that is income (including distributions, dividends and interest) paid to the holder of any relevant NSW equity interest,

the proceeds of the sale of any relevant NSW equity interest,

the proceeds of the investment of money in the Fund,

all other money directed or authorised to be paid into the Fund by or under any Act or law.

The Treasurer may direct that an amount of money be paid into the Debt Retirement Fund if the Treasurer is satisfied that it is windfall tax revenue in excess of Budget forecasts.

The Treasurer is taken to have been given an appropriation out of the Consolidated Fund under the authority of this section, on the day a direction is given under subsection (2), for the amount specified in the direction for the purpose of its payment into the Debt Retirement Fund.