CTHRepealedLegislation
Federal Financial Relations (General purpose financial assistance) Determination No. 53 (August 2013)
Drawing rights limitsDrawing rights limits
Start here
Get a plain-English read of Drawing rights limits
Turn the raw legal text into a practical explanation grounded in Federal Financial Relations (General purpose financial assistance) Determination No. 53 (August 2013).
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 in the financial year starting on 1 July 2013 must not exceed $1,500,000,000.
14. The amounts specified in Table 2 are the total amounts determined in the 2013-14 financial year in respect of general purpose financial assistance, including this determination.