1
CurrentPurpose
Part 1Preliminary
1 Purpose
The main purpose of this Act is to improve the administration of rural assistance schemes by—
(a)
establishing the Rural Assistance Commissioner; and
(b)
transferring the remaining assets, liabilities and functions of the Rural Finance Corporation of Victoria to the Rural Assistance Commissioner; and
(c)
winding up the Rural Finance Corporation of Victoria; and
(d)
repealing the Rural Finance Act 1988 and the Young Farmers' Finance Council Act 1979.
This Act’s bill:Explanatory memorandumSecond reading speech
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