CTHIn ForceLegislation
Federal Financial Relations (National Partnership payments) Determination No. 113 (November 2016)
Debit limitsDebit limits
Start here
Get a plain-English read of Debit limits
Turn the raw legal text into a practical explanation grounded in Federal Financial Relations (National Partnership payments) Determination No. 113 (November 2016).
Debit limits
15. Subsection 16(3) of the Act provides that the total amount credited to the COAG Reform Fund for the purpose of making National Partnership payments in the financial year starting on 1 July 2016 must not exceed $10,416,666,667.
16. The amounts specified in Table 2 are the total amounts determined in the 2016-17 financial year in respect of National Partnership payments under section 16 of the Act, including this determination.