Federal Register of Legislation - Australian Government

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Determinations/Financial (Other) as made
This Determination credits amounts arising from the 2005-06 Government Budget surplus and the first instalment of Telstra sale proceeds, to the Future Fund.
Administered by: Finance
General Comments: This Determination ceases at whichever is the earliest of the end of the last specified instalment day, the time when the target asset level declaration is no longer active or the time of revocation of the determination (if this occurs). See clause 4 of Schedule 1 to the Future Fund Act 2006.
Exempt from sunsetting by the Legislative Instruments Act 2003 s 54(2) item 46
Registered 19 Jan 2007
Tabling HistoryDate
Tabled HR06-Feb-2007
Tabled Senate06-Feb-2007
Date of repeal 16 Feb 2007
Repealed by Future Fund (Crediting of Additional Amounts) Determination 2007

We, PETER CRAIG DUTTON, Acting Treasurer, and NICHOLAS HUGH MINCHIN, Minister for Finance and Administration, make this Determination under paragraph 3 (1) (b) and subparagraph 3 (2) (a) (i) of Schedule 1 to the Future Fund Act 2006.

Dated 9 January 2007

PETER CRAIG DUTTON                            NICK MINCHIN


  

  

1              Name of Determination

                This Determination is the Future Fund (Crediting of Additional Amounts) Determination 2006.

2              Commencement

                This Determination commences on the day after it is registered.

3              Crediting of additional amounts

                For paragraph 3 (1) (b) of Schedule 1 to the Future Fund Act 2006, an amount specified in an item in the table is to be credited to the Fund Account on the date specified in the item.

 

Item

Amount ($ billion)

Date

1

18.639

22 January 2007

2

3.638

28 February 2007

4              Balance day

                For subparagraph 3 (2) (a) (i) of Schedule 1 to the Future Fund Act 2006, the balance day for this Determination is 8 December 2006.

Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au.

Section 42 of the Legislative Instruments Act 2003 (which deals with disallowance of legislative instruments) does not apply to this instrument: see subclause 2 (4) of Schedule 1 to the Future Fund Act 2006.

The Fund Account is the Future Fund Special Account established by section 12 of the Future Fund Act 2006.