{"id":"F2018L00981","name":"Medical Research Future Fund (Crediting of Amounts) Determination 2018","slug":"medical-research-future-fund-crediting-of-amounts-determination-2018","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":97672,"registerId":"commonwealth-F2018L00981-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 2018","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 2018\n\nWe, SCOTT JOHN 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 paragraph 15(1)(a) of that Act.\n\nDated: 27 June 2018\n\nSCOTT JOHN 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 2018.\n\n2  Commencement\n\n  This determination commences on the day after 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 subsection 15(3) of the Medical Research Future Fund Act 2015.\n\n3  Authority\n\n  This instrument is made under paragraph 15(1)(a) of the Medical Research Future Fund Act 2015.\n\n4 Crediting of Amounts\n\n  As per paragraph 15(1)(a) of the Medical Research Future Fund Act 2015, $2,288,550,000.00 is to be credited to the Medical Research Future Fund Special Account on 10 July 2018.\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":{"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"This instrument does not change the statutory scope of the Medical Research Future Fund. It exercises the delegated power to credit a specified amount to the MRFF Special Account (see paragraph 15(1)(a) and section 14 of the Act) and is a one-off financial credit rather than a change to objects, powers or ongoing obligations."},"complexity_factors":["Single, discrete monetary action: a fixed sum ($2,288,550,000) to be credited on a specific date (clause 4).","Clear statutory authority: instrument made under paragraph 15(1)(a) of the Medical Research Future Fund Act 2015 (clause 3).","Immediate commencement on registration reduces procedural steps (clause 2).","Not subject to disallowance: Legislation Act s42 note via subsection 15(3) reduces parliamentary oversight (commencement note).","Low administrative complexity but large fiscal magnitude — bookkeeping and Treasury cash management implications.","No new regulatory obligations or compliance regimes created; effect is an accounting/appropriation action."],"plain_english_summary":"This determination directs that $2,288,550,000 be credited to the Medical Research Future Fund Special Account on 10 July 2018. It is made by the Treasurer and the Minister for Finance under paragraph 15(1)(a) of the Medical Research Future Fund Act 2015.\n\nMechanically, the Commonwealth provides that cash to the MRFF (the payer), shifting fiscal resources into the dedicated special account to fund future medical research; the action is a single ministerial accounting entry with minimal compliance steps and is not subject to parliamentary disallowance (see note)."},"kimi_summary":{"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This instrument performs exactly the narrow function intended by its enabling legislation — crediting a specific amount to the Medical Research Future Fund on a specific date. There is no scope creep or expansion beyond the original purpose."},"complexity_factors":["Only 4 short sections total","No defined terms section","Single operational provision (section 4) with straightforward dollar amount and date","No cross-references to other legislation beyond citing the empowering Act","No conditional logic, exceptions, or nested provisions","Total length under 300 words"],"plain_english_summary":"This instrument directs a one-off transfer of $2,288,550,000 into the Medical Research Future Fund Special Account on 10 July 2018, signed by the Treasurer and the Minister for Finance in June 2018.\n\nIt matters because the fund’s earnings finance medical research in Australia; this is a time‑specific payment instruction placing money into a dedicated government account."}},"importantCases":[],"_links":{"self":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2018","history":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2018/history","analysis":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2018/analysis","conflicts":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2018/conflicts","importantCases":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2018/important-cases","documents":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2018/documents"}}