CTHIn ForceAct
Future Drought Fund Act 2019
42Obligation on Future Fund Board in performing investment functions
Start here
Get a plain-English read of 42
Turn the raw legal text into a practical explanation grounded in Future Drought Fund Act 2019.
42 Obligation on Future Fund Board in performing investment functions
In performing its Future Drought Fund investment function, the Future Fund Board must (subject to this Act and a direction under subsection 41(1)) seek to maximise the return earned on the Future Drought Fund over the long term, consistent with international best practice for institutional investment.