1Future Fund (Crediting of Additional Amounts) Determination 2007

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Future Fund (Crediting of Additional Amounts) Determination 2007

Future Fund Act 2006

We, PETER HOWARD COSTELLO, Treasurer, and NICHOLAS HUGH MINCHIN, Minister for Finance and Administration, make this Determination under paragraph 3 (1) (a), subparagraph 3 (2) (a) (i) and subclause 3 (4) of Schedule 1 to the Future Fund Act 2006.

Dated 15 February 2007

PETER COSTELLO NICK MINCHIN

Treasurer Minister for Finance and Administration

1 Name of Determination

This Determination is the Future Fund (Crediting of Additional Amounts) Determination 2007.

2 Commencement

This Determination commences on the day it is registered.

Note Section 42 of the Legislative Instruments Act 2003 (which deals with disallowance of legislative instruments) does not apply to this instrument: see subclause 3 (5) of Schedule 1 to the Future Fund Act 2006.

3 Revocation of Future Fund (Crediting of Additional Amounts) Determination 2006

The Future Fund (Crediting of Additional Amounts) Determination 2006 is revoked.

Note The revocation of the Future Fund (Crediting of Additional Amounts) Determination 2006 does not affect the crediting of an amount to the Fund under that Determination on 22 January 2007: see subclause 4 (3) of Schedule 1 to the Future Fund Act 2006.

4 Crediting of additional amounts

For paragraph 3 (1) (a) of Schedule 1 to the Future Fund Act 2006, $3 638 000 000 is to be credited to the Fund Account on 16 February 2007.

Note The Fund Account is the Future Fund Special Account established by section 12 of the Future Fund Act 2006.

5 Balance day

For subparagraph 3 (2) (a) (i) of Schedule 1 to the Future Fund Act 2006, the balance day for this Determination is 6 February 2007.