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This is a Bill, not an Act. For current law, see the Acts databases.


EARLY YEARS QUALITY FUND SPECIAL ACCOUNT BILL 2013

 

 

2010-2011-2012-2013 

 

The Parliament of the 

Commonwealth of Australia 

 

HOUSE OF REPRESENTATIVES 

 

 

 

 

Presented and read a first time 

 

 

 

 

 

 

 

 

 

Early Years Quality Fund Special 

Account Bill 2013 

 

No.      , 2013 

 

(School Education, Early Childhood and Youth) 

 

 

 

A Bill for an Act to establish the Early Years 

Quality Fund Special Account, and for related 

purposes 

   

   

   

 

 

i       Early Years Quality Fund Special Account Bill 2013       No.      , 2013 

Contents 

Short title ........................................................................................... 1

 

Commencement ................................................................................. 1

 

Object ................................................................................................. 2

 

Definitions ......................................................................................... 2

 

Early Years Quality Fund Special Account ....................................... 2

 

Credits to the Early Years Quality Fund Special Account ................. 2

 

Purpose of the Early Years Quality Fund Special Account ............... 3

 

 

 

 

Early Years Quality Fund Special Account Bill 2013       No.      , 2013       1 

A Bill for an Act to establish the Early Years 

Quality Fund Special Account, and for related 

purposes 

The Parliament of Australia enacts:

 

1  Short title 

 

  This Act may be cited as the Early Years Quality Fund Special 

Account Act 2013

2  Commencement 

 

  This Act commences on 1 July 2013. 

   

   

   

 

Section 3 

 

2            Early Years Quality Fund Special Account Bill 2013       No.      , 2013 

3  Object 

 

  The object of this Act is to improve quality outcomes for children 

in early childhood education and care services by enhancing 

professionalism in the early childhood education and care sector, 

including through improved attraction and retention of a skilled 

and professional workforce. 

4  Definitions 

 

  In this Act: 

approved centre based long day care service has the same 

meaning as in the A New Tax System (Family Assistance) 

10 

(Administration) Act 1999

11 

5  Early Years Quality Fund Special Account 

12 

 

(1)  The Early Years Quality Fund Special Account is established by 

13 

this section. 

14 

 

(2)  The Early Years Quality Fund Special Account is a Special 

15 

Account for the purposes of the Financial Management and 

16 

Accountability Act 1997

17 

6  Credits to the Early Years Quality Fund Special Account 

18 

 

  On the day mentioned in column 1 of an item in the following 

19 

table, there is to be credited to the Early Years Quality Fund 

20 

Special Account the amount mentioned in column 2 of that item: 

21 

 

22 

Credits to the Early Years Quality Fund Special Account  

Item 

Column 1 

Day 

Column 2 

Amount 

1 July 2013 

$135,000,000 

1 July 2014 

$165,000,000 

 

23 

   

   

   

 

Section 7 

 

Early Years Quality Fund Special Account Bill 2013       No.      , 2013            3 

7  Purpose of the Early Years Quality Fund Special Account 

 

  The purpose of the Early Years Quality Fund Special Account is to 

provide funding to approved centre based long day care services, to 

be used exclusively for paying remuneration, and other 

employment-related costs and expenses, in relation to employees in 

the early childhood education and care sector. 

Note: 

See section 21 of the Financial Management and Accountability Act 

1997 (debits from Special Accounts). 

 


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