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Housing Australia Act 2018
No. 65, 2018
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Department of the Treasury
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C2024C00857 C07
11 December 2024
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Part 1—Preliminary
1 Short title
2 Commencement
3 Object of this Act
4 Simplified outline of this Act
5 Definitions
6 Crown to be bound
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Part 2—Housing Australia
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Division 1—Establishment and functions
7 Establishment
8 Functions of Housing Australia
9 Powers of Housing Australia
10 Financing, guarantee and capacity building functions
11 Housing Australia does not have privileges and immunities of the Crown
Division 2—Investment Mandate
12 Investment Mandate
13 Matters covered by Investment Mandate
14 Limits on Investment Mandate
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Part 3—Board
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Division 1—Establishment and functions of the Board
15 Establishment of the Board
16 Functions of the Board
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Division 2—Board members
17 Membership
18 Appointment of Board members
19 Chair
20 Term of appointment
21 Acting appointments
22 Remuneration
23 Leave of absence
24 Resignation
25 Termination of appointment
26 Other terms and conditions
27 Observer
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Division 3—Meetings of the Board
28 Convening meetings
29 Presiding at meetings
30 Quorum
31 Voting at meetings
32 Conduct of meetings
33 Minutes
34 Decisions without meetings
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Part 4—Chief Executive Officer, staff and consultants and committees
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Division 1—Chief Executive Officer
35 Chief Executive Officer
36 Functions of the CEO
37 Appointment of CEO
38 Acting appointment as CEO
39 Remuneration of CEO
40 Leave of absence of CEO
41 Outside employment
42 Other terms and conditions
43 Resignation of CEO
44 Termination of appointment of CEO
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Division 2—Staff and consultants
45 Staff
46 Consultants
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Division 3—Committees
47 Committees
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Part 5—Finance
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Division 1—Housing Australia Special Account
47A Housing Australia Special Account
47B Credits to the Account
47C Purposes of the Account
47D Cap on the Account and transfers to general CRF
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Division 2—Housing Australia’s money
48 Maintenance of adequate capital and reserves
48A Appropriation for the purposes of guarantee liabilities
49 Payment of annual dividends to the Commonwealth
50 Borrowings etc.
51 Guarantee by Commonwealth
52 Exemption from taxation
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Part 6—Miscellaneous
53 Delegation by Housing Australia
54 Delegation by Board
55 Delegation and subdelegation by CEO
56 Matters to be included in annual reports
57 Review of operation of Act
57A Review of assistance to first home buyers
57B Review of financing function
58 Rules
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Endnotes
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
