Commonwealth Numbered Acts

APPROPRIATION ACT (NO. 4) 2011-2012 (NO. 31, 2012) - SECT 16

Building Australia Fund

             (1)  On and after the commencement of this Act, subsection 16(1) of the Appropriation Act (No. 2) 2011-2012 has effect as if the general drawing rights limit specified in that subsection were $2,225,700,000.

Note:          This increases the Building Australia Fund general drawing rights limit for the current year by $269,500,000.

Education Investment Fund

             (2)  On and after the commencement of this Act, subsection 16(2) of the Appropriation Act (No. 2) 2011-2012 has effect as if the general drawing rights limit specified in that subsection were $929,554,000.

Note:          This reduces the Education Investment Fund general drawing rights limit for the current year by $131,751,000.

Health and Hospitals Fund

             (3)  On and after the commencement of this Act, subsection 16(3) of the Appropriation Act (No. 2) 2011-2012 has effect as if the general drawing rights limit specified in that subsection were $1,500,007,000.

Note:          This increases the Health and Hospitals Fund general drawing rights limit for the current year by $212,887,000.