Division Drawing rights limits - Federal Financial Relations (General Purpose Financial Assistance) Determination No. 29 (August 2011) - Drawing rights limits | Zoe

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Federal Financial Relations (General Purpose Financial Assistance) Determination No. 29 (August 2011)

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Drawing rights limits

13. Subsection 9(3) of the Act provides that the total amount credited to the COAG Reform Fund for the purpose of making a grant of general purpose financial assistance must not exceed the total amount covered by drawing rights. In the financial year starting on 1 July 2011 the total drawing right is $1,500,000,000.
14. The amounts specified in Table 2 are the total determined in the 2011‑12 financial year in respect of general purpose financial assistance, including this determination.