{"id":"F2007L00431","name":"Future Fund (Crediting of Additional Amounts) Determination 2007","slug":"future-fund-crediting-of-additional-amounts-determination-2007","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":63546,"registerId":"commonwealth-F2007L00431-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Future Fund (Crediting of Additional Amounts) Determination 2007","content":"![](image.001.png)\n\nFuture Fund (Crediting of Additional Amounts) Determination 2007\n\nFuture Fund Act 2006\n\nWe, PETER HOWARD COSTELLO, Treasurer, and NICHOLAS HUGH MINCHIN, Minister for Finance and Administration, make this Determination under paragraph 3 (1) (a), subparagraph 3 (2) (a) (i) and subclause 3 (4) of Schedule 1 to the Future Fund Act 2006.\n\nDated 15 February 2007\n\nPETER COSTELLO NICK MINCHIN\n\nTreasurer Minister for Finance and Administration\n\n1 Name of Determination\n\nThis Determination is the Future Fund (Crediting of Additional Amounts) Determination 2007.\n\n2 Commencement\n\nThis Determination commences on the day it is registered.\n\n> Note Section 42 of the Legislative Instruments Act 2003 (which deals with disallowance of legislative instruments) does not apply to this instrument: see subclause 3 (5) of Schedule 1 to the Future Fund Act 2006.\n\n3 Revocation of Future Fund (Crediting of Additional Amounts) Determination 2006\n\nThe Future Fund (Crediting of Additional Amounts) Determination 2006 is revoked.\n\n> Note The revocation of the Future Fund (Crediting of Additional Amounts) Determination 2006 does not affect the crediting of an amount to the Fund under that Determination on 22 January 2007: see subclause 4 (3) of Schedule 1 to the Future Fund Act 2006.\n\n4 Crediting of additional amounts\n\nFor paragraph 3 (1) (a) of Schedule 1 to the Future Fund Act 2006, $3 638 000 000 is to be credited to the Fund Account on 16 February 2007.\n\n> Note The Fund Account is the Future Fund Special Account established by section 12 of the Future Fund Act 2006.\n\n5 Balance day\n\nFor subparagraph 3 (2) (a) (i) of Schedule 1 to the Future Fund Act 2006, the balance day for this Determination is 6 February 2007.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1919},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is a routine administrative determination that operates squarely within the Future Fund Act's framework for crediting additional amounts. It does not expand the scope beyond the original legislative intent of making planned contributions to the sovereign wealth fund."},"complexity_factors":["Only 5 short sections with no subdivisions","Single fixed dollar amount ($3,638,000,000) with no calculations required","No definitions section or technical terminology","Minimal cross-referencing (only cites specific provisions of the parent Act)","No conditional logic, exceptions, or discretionary powers"],"plain_english_summary":"**This determination puts $3.638 billion into Australia's Future Fund.**\n\nThe Future Fund is a government-owned investment portfolio (similar to a sovereign wealth fund) established to cover future pension costs for Commonwealth public servants.\n\nThis short legal instrument does three things:\n- **Authorizes the payment** of exactly $3,638,000,000 into the Fund's account on 16 February 2007\n- **Cancels** the previous year's similar determination (from 2006)\n- Sets the **calculation date** (balance day) as 6 February 2007\n\nIn practical terms, this is the formal government directive that moves taxpayers' money from general revenue into the Fund so it can be invested for future superannuation liabilities."}},"importantCases":[],"_links":{"self":"/api/acts/future-fund-crediting-of-additional-amounts-determination-2007","history":"/api/acts/future-fund-crediting-of-additional-amounts-determination-2007/history","analysis":"/api/acts/future-fund-crediting-of-additional-amounts-determination-2007/analysis","conflicts":"/api/acts/future-fund-crediting-of-additional-amounts-determination-2007/conflicts","importantCases":"/api/acts/future-fund-crediting-of-additional-amounts-determination-2007/important-cases","documents":"/api/acts/future-fund-crediting-of-additional-amounts-determination-2007/documents"}}