43Limitation on Future Drought Fund Investment Mandate

43 Limitation on Future Drought Fund Investment Mandate

(1) The responsible Ministers must not give a direction under subsection 41(1) that has the purpose, or has or is likely to have the effect, of directly or indirectly requiring the Future Fund Board to: (a) invest an amount standing to the credit of the Future Drought Fund Special Account in a particular financial asset; or (b) acquire a particular derivative; or (c) allocate financial assets to: (i) a particular business entity; or (ii) a particular activity; or (iii) a particular business. (2) Paragraphs (1)(a) and (b) do not limit paragraph (1)(c).