Building Australia Fund (Initial Credit) Determination 20091

Nation-building Funds Act 2008

We, WAYNE SWAN, Treasurer, and LINDSAY TANNER, Minister for Finance and Deregulation, make this Determination under subsection 14(1) of the                 Nation-building Funds Act 2008.

Dated 9 June 2009

Wayne Swan   Lindsay Tanner

Treasurer  Minister for Finance and Deregulation

1 Name of Determination

  This Determination is the Building Australia Fund (Initial Credit) Determination 2009.

2 Commencement

  This Determination commences on the day on which it is registered.

Note   Section 42 of the Legislative Instruments Act 2003 (which deals with the disallowance of legislative instruments) does not apply to this instrument: see subsection 14(5) of the Nation-building Funds Act 2008.


3 Initial credit

  For paragraph 14(1)(a) of the Nation-building Funds Act 2008, the amount of $7.5 billion is to be credited to the Building Australia Fund Special Account on 12 June 2009.

Note   The Building Australia Fund Special Account is established by section 13 of the Nation-building Funds Act 2008.

 

Note

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