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HOUSING AUSTRALIA FUTURE FUND ACT 2023 (NO. 79, 2023) - SECT 14

Purposes of the Housing Australia Future Fund Special Account--purposes not related exclusively to the Housing Australia Future Fund

                   Each of the following is a purpose of the Housing Australia Future Fund Special Account:

                     (a)  paying or discharging the costs, expenses and other obligations incurred in connection with the establishment, maintenance or operation of a bank account of the Future Fund Board, if those costs, expenses or obligations are not covered by:

                              (i)  paragraph 13(e); or

                             (ii)  paragraph 2(1)(g) of Schedule 2 to the Future Fund Act 2006 ; or

                            (iii)  paragraph 15(e) of the Disaster Ready Fund Act 2019 ; or

                            (iv)  paragraph 16(e) of the Future Drought Fund Act 2019 ; or

                             (v)  paragraph 18(e) of the Medical Research Future Fund Act 2015 ; or

                            (vi)  paragraph 15(e) of the DisabilityCare Australia Fund Act 2013 ; or

                           (vii)  paragraph 15(e) of the Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 ;

                     (b)  paying a premium in respect of a contract of insurance entered into by the Future Fund Board, if the premium is not covered by:

                              (i)  paragraph 13(f); or

                             (ii)  paragraph 2(1)(h) of Schedule 2 to the Future Fund Act 2006 ; or

                            (iii)  paragraph 15(f) of the Disaster Ready Fund Act 2019 ; or

                            (iv)  paragraph 16(f) of the Future Drought Fund Act 2019 ; or

                             (v)  paragraph 18(f) of the Medical Research Future Fund Act 2015 ; or

                            (vi)  paragraph 15(f) of the DisabilityCare Australia Fund Act 2013 ; or

                           (vii)  paragraph 15(f) of the Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 ;

                     (c)  paying or discharging any other costs, expenses, obligations or liabilities incurred by the Future Fund Board, if the costs, expenses, obligations or liabilities are not covered by:

                              (i)  a paragraph of section 13; or

                             (ii)  a paragraph of subclause 2(1) of Schedule 2 to the Future Fund Act 2006 ; or

                            (iii)  a paragraph of section 15 of the Disaster Ready Fund Act 2019 ; or

                            (iv)  a paragraph of section 16 of the Future Drought Fund Act 2019 ; or

                             (v)  a paragraph of section 18 of the Medical Research Future Fund Act 2015 ; or

                            (vi)  a paragraph of section 15 of the DisabilityCare Australia Fund Act 2013 ; or

                           (vii)  a paragraph of section 15 of the Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 ;

                     (d)  paying remuneration and allowances of Future Fund Board members;

                     (e)  paying remuneration, and other employment-related costs and expenses, in respect of members of the staff of the Agency;

                      (f)  paying or discharging the costs, expenses and other obligations incurred by the Commonwealth or the Future Fund Board:

                              (i)  under a contract entered into under section 78 or 82 of the Future Fund Act 2006 ; or

                             (ii)  in connection with the operation of the Agency.

Note:          See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).



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