CTHIn ForceAct
Future Fund Act 2006
5BTransfers from the Future Fund to the Housing Australia Future Fund
Start here
Get a plain-English read of 5B
Turn the raw legal text into a practical explanation grounded in Future Fund Act 2006.
#### 5B Transfers from the Future Fund to the Housing Australia Future Fund
(1) If an amount is debited from the Housing Australia Future Fund Special Account for a purpose mentioned in section 14 of the Housing Australia Future Fund Act 2023, the nominated Minister may, by writing, direct that a specified amount is to be:
(a) debited from the Fund Account; and
(b) credited to the Housing Australia Future Fund Special Account;
on a specified day.
(2) The specified amount must not exceed the amount debited from the Housing Australia Future Fund Special Account as mentioned in subclause (1).
(3) A direction under subclause (1) is not a legislative instrument.