Commonwealth Consolidated Acts

NATION-BUILDING FUNDS ACT 2008 - SECT 26

                   The Future Fund Board must take all reasonable steps to ensure that the amount of money standing to the credit of the Building Australia Fund Special Account is sufficient to cover:

                     (a)  the debit of amounts for payments authorised, or proposed to be authorised, under subsection 51(1), (2), (3), (4) or (5); and

                     (b)  amounts debited, or proposed to be debited, under subsection 63(1); and

                     (c)  amounts debited, or proposed to be debited, under subsection 70(1); and

                     (d)  amounts debited, or proposed to be debited, under subsection 77(1); and

                     (e)  amounts debited, or proposed to be debited, under subsection 84(1); and

                      (f)  amounts debited, or proposed to be debited, under subsection 89(1); and

                     (g)  amounts debited, or proposed to be debited, under subsection 94(1); and

                     (h)  amounts debited, or proposed to be debited, under subsection 99(1); and

                      (i)  amounts debited, or proposed to be debited, under subsection 104(1).

Note:          This may require the Future Fund Board to realise an investment of the Building Australia Fund in accordance with section 34.