Future Drought Fund Act 2019
15Purpose of the Future Drought Fund Special Account—main purpose
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15 Purpose of the Future Drought Fund Special Account—main purpose
A purpose of the Future Drought Fund Special Account is to transfer amounts to the Agriculture Future Drought Resilience Special Account in accordance with section 34 for the purposes of: (a) paying amounts payable by the Commonwealth under an arrangement made under section 21; and (b) making grants under section 21; and (c) transferring amounts to the Federation Reform Fund in accordance with section 36AA for the purposes of making grants to the States and Territories under section 21.