Commonwealth Consolidated Acts

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NATION-BUILDING FUNDS ACT 2008 - SECT 189

Purposes of the EIF Research Portfolio Special Account

             (1)  Each of the following is a purpose of the EIF Research Portfolio Special Account:

                     (a)  making payments in relation to the creation or development of research infrastructure, so long as the payments are specified under subsection 190(2);

                     (b)  making transitional HEEF payments, so long as the payments are specified under subsection 190(2).

Note:          See section 21 of the Financial Management and Accountability Act 1997 (debits from Special Accounts).

             (2)  Paragraphs (1)(a) and (b) do not limit each other.

             (3)  A payment under paragraph (1)(a) or (b) may be made:

                     (a)  by way of a grant of financial assistance; or

                     (b)  otherwise than by way of a grant of financial assistance.



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