Commonwealth Consolidated Acts

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FUTURE FUND ACT 2006 - SECT 74

Establishment of the Future Fund Management Agency

  (1)   The Future Fund Management Agency is established by this section.

  (2)   The Agency consists of:

  (a)   the Chair; and

  (b)   the staff of the Future Fund Management Agency.

Note:   The Future Fund Management Agency does not have a legal identity separate from the Commonwealth.

  (3)   For the purposes of the finance law (within the meaning of the Public Governance, Performance and Accountability Act 2013 ):

  (a)   the Agency is a listed entity; and

  (b)   the Chair is the accountable authority of the Agency; and

  (c)   the following persons are officials of the Agency:

  (i)   the Chair;

  (ii)   the staff of the Future Fund Management Agency;

  (iii)   consultants engaged under subsection   78(1);

  (iv)   persons whose services are made available to the Agency under subsection   78(3); and

  (d)   the purposes of the Agency include the functions of the Agency referred to in section   75.



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