Commonwealth Consolidated Acts Commonwealth Consolidated ActsThe following is a simplified outline of this Part:
• This Part establishes the Future Fund Board of Guardians.
• The Future Fund Board of Guardians is responsible for deciding how to invest the Future Fund.
• The Board consists of a Chair and 6 other members.
• An asset held by the Board is held for and on behalf of the Commonwealth.
• Board members must act in good faith.
Note: The Future Fund Board of Guardians has additional functions under
the Future Drought Fund Act 2019 , the DisabilityCare Australia Fund Act 2013
, the Disaster Ready Fund Act 2019 , the
Housing Australia Future Fund Act 2023 , the
Medical Research Future Fund Act 2015 and the
Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 .