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NATION-BUILDING FUNDS ACT 2008 - SECT 219

Purposes of the Health and Hospitals Fund Special Account--purposes not related exclusively to the Health and Hospitals Fund

                   Each of the following is a purpose of the Health and Hospitals 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, where those costs, expenses or obligations are not covered by:

                              (i)  paragraph 18(1)(j); or

                             (ii)  paragraph 136(1)(j); or

                            (iii)  paragraph 137(e); or

                            (iv)  paragraph 218(1)(f); or

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

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

                              (i)  paragraph 18(1)(k); or

                             (ii)  paragraph 136(1)(k); or

                            (iii)  paragraph 137(f); or

                            (iv)  paragraph 218(1)(g); or

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

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

                              (i)  a paragraph of subsection 18(1); or

                             (ii)  a paragraph of subsection 136(1); or

                            (iii)  a paragraph of section 137; or

                            (iv)  a paragraph of subsection 218(1); or

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

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

                     (g)  paying or discharging the costs, expenses and other obligations incurred by the Commonwealth in connection with the operation of the Agency.

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



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