{"id":"F2019L00891","name":"Medical Research Future Fund (Crediting of Amounts) Determination 2019","slug":"medical-research-future-fund-crediting-of-amounts-determination-2019","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":99518,"registerId":"commonwealth-F2019L00891-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 2019","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 2019\n\nWe, JOSH FRYDENBERG, 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  18 June 2019\n\nJOSH FRYDENBERG  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 2019.\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, $7,830,490,000.00 is to be credited to the Medical Research Future Fund Special Account on 23 July 2019.\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":"The instrument performs exactly the narrow function authorised by the parent Act: specifying an amount and date for crediting the Fund. No scope creep."},"complexity_factors":["Only 4 operative sections","No defined terms section","Single, unconditional directive (credit $X on date Y)","No cross-references beyond the enabling Act citation","No exceptions, conditions, or nested logic","Total length under 300 words"],"plain_english_summary":"This instrument directs a one‑off crediting of $7,830,490,000 to the Medical Research Future Fund Special Account on 23 July 2019, made by the Treasurer and the Minister for Finance. It is a major capital injection to grow the MRFF — an endowment whose investment returns fund Australian medical research — and the determination is expressly not subject to parliamentary disallowance."},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"This instrument implements an existing power in paragraph 15(1)(a) to credit amounts to the Medical Research Future Fund Special Account by specifying a dollar amount and a date (clause 4). It does not modify the Act's objects, purposes, or eligibility of expenditures; it only alters the Fund's balance and related fiscal administration. The instrument is also made pursuant to the Authority clause and is not subject to disallowance under subsection 15(3)."},"complexity_factors":["Single, explicit action: a one-off fixed transfer of $7,830,490,000 (clause 4) reduces procedural complexity.","Clear statutory authority: made under paragraph 15(1)(a) of the Medical Research Future Fund Act 2015 (Authority clause), limiting legal interpretation needed.","Timing specificity: fixed crediting date (23 July 2019) requires coordinated fiscal operations and cash management.","Administrative/accounting impact: large fiscal value requires budget entries, Special Account management and Treasury/Finance coordination.","Non-reviewable: subsection 15(3) prevents disallowance, reducing parliamentary procedural checks but increasing executive implementation weight."],"plain_english_summary":"This Determination, made by the Treasurer and Minister for Finance under paragraph 15(1)(a) of the Medical Research Future Fund Act 2015, directs that $7,830,490,000 be credited to the Medical Research Future Fund Special Account on 23 July 2019. It affects Commonwealth budget cash flows and the MRFF's available capital; the Commonwealth (via consolidated revenue) pays the amount, and the Treasurer and Finance Minister decide timing and execution. The instrument is not subject to parliamentary disallowance (see subsection 15(3))."}},"importantCases":[],"_links":{"self":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2019","history":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2019/history","analysis":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2019/analysis","conflicts":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2019/conflicts","importantCases":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2019/important-cases","documents":"/api/acts/medical-research-future-fund-crediting-of-amounts-determination-2019/documents"}}