Commonwealth Consolidated Acts

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FUTURE FUND ACT 2006 - SECT 3

Object

  (1)   The main object of this Act is to strengthen the Commonwealth's long - term financial position by establishing the Future Fund.

  (2)   The Future Fund will make provision for unfunded superannuation liabilities that will become payable during a period when an ageing population is likely to place significant pressure on the Commonwealth's finances.


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