Future Fund Act 2006

Submitted by Richard_Li on Fri, 02/17/2023 - 00:42

Link

Enables

Future Fund Board of Guardians

Future Fund Designated Actuary

Future Fund Management Agency

Distinguished Terms in this instrument

Term(s)	Definition	Defined in Legislation	See Section(s)
Aboriginal and Torres Strait Islander Land and Sea Future Fund	means the established by section 9.	Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018	Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 - 9 Establishment of the Aboriginal and Torres Strait Islander Land and Sea Future Fund Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 - 4 Definitions
Aboriginal and Torres Strait Islander Land and Sea Future Fund Special Account	means the established by section 12.	Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018	Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 - 12 Establishment of the Aboriginal and Torres Strait Islander Land and Sea Future Fund Special Account Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 - 4 Definitions
accountable authority	: see subsection 12(2).	Public Governance, Performance and Accountability Act 2013	Public Governance, Performance and Accountability Act 2013 - 12 Accountable authorities Public Governance, Performance and Accountability Act 2013 - 8 The Dictionary
acquire	includes by way of issue.	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
actuary	means a person who is a Fellow or an Accredited Member of the Institute of Actuaries of Australia.	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
Agency	means the Future Fund Management established by section 74.	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 74 Establishment of the Future Fund Management Agency Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 74 Establishment of the Future Fund Management Agency
asset	means: (a) any kind of real or personal property; or (b) any legal or equitable estate or interest in real or personal property; or (c) any legal or equitable right.	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
balance	of the Fund means the sum of: (a) amounts standing to the credit of the Fund Account; and (b) the value of investments of the Fund.	Future Fund Act 2006
Board	means the Future Fund of Guardians established by section 34.	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 34 Establishment of the Future Fund Board of Guardians Future Fund Act 2006 - 34 Establishment of the Future Fund Board of Guardians Future Fund Act 2006 - 5 Definitions
Board member	means a member of the Board, and includes the Chair.	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
Building Australia Fund	means the established by section 12 of the Nation‐building Funds Act 2008 .	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
Building Australia Fund Special Account	means the established by section 13 of the Nation‐building Funds Act 2008 .	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
business entity	means: (a) a company; or (b) a partnership; or (c) a trust; or (d) a body politic.	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
business judgment	means any decision to take or not take action in respect of a matter relevant to the operations of the Board.	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
Chair	means the of the Board.	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
Commonwealth authority	has the same meaning as in the Commonwealth Authorities and Companies Act 1997 .	Future Fund Act 2006
Commonwealth company	: see subsection 89(1).	Public Governance, Performance and Accountability Act 2013	Public Governance, Performance and Accountability Act 2013 - 8 The Dictionary Public Governance, Performance and Accountability Act 2013 - 89 Commonwealth companies
Commonwealth‐owned financial asset	means a financial asset held by the Commonwealth.	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
Communications Minister	has the same meaning as in the Nation‐building Funds Act 2008 .	Future Fund Act 2006	Future Fund Act 2006 - 5 Definitions Future Fund Act 2006 - 5 Definitions
corporate Commonwealth entity	: see paragraph 11(a).	Public Governance, Performance and Accountability Act 2013	Public Governance, Performance and Accountability Act 2013 - 11 Types of Commonwealth entities Public Governance, Performance and Accountability Act 2013 - 8 The Dictionary