Commonwealth Consolidated Acts

NATION-BUILDING FUNDS ACT 2008 - SECT 259

Scope

             (1)  This section applies if:

                     (a)  the Finance Minister gives a direction under subsection 257(1) for a purpose in relation to a payment; and

                     (b)  the amount specified in the direction is credited to the HHF Health Portfolio Special Account.

Debit from the HHF Health Portfolio Special Account

             (2)  The Health Minister must ensure that, as soon as practicable after the amount is credited, the HHF Health Portfolio Special Account is debited for the purposes of making the payment.

             (3)  However, if the payment cannot be made, an amount equal to the credited amount is to be:

                     (a)  debited from the HHF Health Portfolio Special Account; and

                     (b)  credited to the Health and Hospitals Fund Special Account.