{"id":"F2017L00797","name":"Medical Research Future Fund (Crediting of Amounts) Determination 2017","slug":"medical-research-future-fund-crediting-of-amounts-determination-2017","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":96644,"registerId":"commonwealth-F2017L00797-current","compilationNumber":null,"startDate":"2026-04-02","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Medical Research Future Fund (Crediting of Amounts) Determination 2017","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![](image.001.jpeg)\n\n \n\nMedical Research Future Fund (Crediting of Amounts) Determination 2017\n\nWe, SCOTT MORRISON, Treasurer, and MATHIAS HUBERT PAUL CORMANN, Minister for Finance, having had regard to the object of the Medical Research Future Fund Act 2015, make this determination under section 15 (1) (a) of that Act.\n\nDated   June  22 2017\n\nSCOTT MORRISON  MATHIAS HUBERT PAUL CORMANN\n\nTreasurer Minister for Finance\n\n1  Name\n\n  This determination is the Medical Research Future Fund (Crediting of Amounts) Determination 2017.\n\n2  Commencement\n\n  This determination commences on the day on which it is registered.\n\nNote: Section 42 of the Legislation Act 2003 (which deals with disallowance of legislative instruments) does not apply to this instrument: see section 15 (3) of the Medical Research Future Fund Act 2015.\n\n3  Authority\n\n  This instrument is made under section 15 (1) (a) of the Medical Research Future Fund Act 2015.\n\n4 Crediting of Amounts\n\n  As per section 15 (1) (a) of the Medical Research Future Fund Act 2015, $2,242,200,000.00 is to be credited to the Medical Research Future Fund Special Account on 3 July 2017.\n\nNote: The Medical Research Future Fund Special Account is established by section 14 of the Medical Research Future Fund Act 2015.\n","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This determination performs exactly the narrow function intended by section 15(1)(a) of the parent Act: specifying an amount and date for crediting the Fund. There is no scope creep."},"complexity_factors":["Extremely short: only 4 operative sections","No defined terms section","Single, unconditional directive (transfer $X on date Y)","No cross-references to other legislation beyond the enabling Act","No exceptions, conditions, or nested logic"],"plain_english_summary":"This determination directs a one-off credit of $2,242,200,000 into the Medical Research Future Fund Special Account on 3 July 2017, formally placing over $2.2 billion into the long‑term fund that uses investment earnings to finance Australian medical research.  \n\nMade by the Treasurer and Finance Minister under the MRFF Act, it simply executes an authorised transfer and — per the parent Act — is not subject to parliamentary disallowance."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"This determination exercises an existing power in the Medical Research Future Fund Act 2015 to credit a specified amount to the Fund; it does not amend the Act, change the Fund’s objects, or add new regulatory duties. It simply allocates funds to the MRFF Special Account on a set date (authority: s15(1)(a) via this instrument (s3); operative effect: s4). The note referencing s15(3) indicates reduced legislative disallowance, but does not alter substantive scope."},"complexity_factors":["Single, explicit monetary instruction: credits $2,242,200,000 to the MRFF Special Account on a specified date (s4).","Made under clear statutory authority—exercise of section 15(1)(a) of the Medical Research Future Fund Act 2015 (s3).","Immediate commencement on registration reduces timing uncertainty for implementation (s2).","No procedural conditions, eligibility rules or administrative steps in the instrument—minimal operational complexity (s4).","Large fiscal value increases budgetary and fiscal-signalling importance despite legal simplicity (s4).","Instrument excludes parliamentary disallowance under the Legislation Act 2003 note (references s15(3) of the MRFF Act), reducing a layer of oversight.","Source of the credited amount is not specified in this instrument; Special Account is referenced as established by section 14 of the MRFF Act (note to s4).","Low compliance burden on third parties; primary effects fall on Commonwealth budget and MRFF administrators (s4)."],"plain_english_summary":"This instrument directs that $2,242,200,000 be credited to the Medical Research Future Fund Special Account on 3 July 2017. It is a Treasurer/Finance determination that allocates a specified sum into the Fund, comes into effect on registration, and thereby commits a large fiscal amount to the Fund’s resources. The instrument does not specify the funding source."}},"importantCases":[],"_links":{"self":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2017","history":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2017/history","analysis":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2017/analysis","conflicts":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2017/conflicts","importantCases":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2017/important-cases","documents":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2017/documents"}}