Commonwealth legislation

Health and Hospitals Fund General Drawing Rights Limit Declaration 2009

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

This Declaration sets the Health and Hospitals Fund’s annual spending cap at $186 million for the 2008–09 financial year. It limits how much government agencies may draw from the fund, controls taxpayer flows to major health infrastructure projects, and enforces ministerial/public oversight of withdrawals.

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Current sections

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Health and Hospitals Fund General Drawing Rights Limit Declaration 2009

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Health and Hospitals Fund General Drawing Rights Limit Declaration 20091

Nation-building Funds Act 2008

I, LINDSAY TANNER, Minister for Finance and Deregulation, make this Declaration under paragraph 267 (1) (a) of the Nation-building Funds Act 2008.

Dated 25 May 2009

LINDSAY TANNER

Minister for Finance and Deregulation

1 Name of Declaration

This Declaration is the Health and Hospitals Fund General Drawing Rights Limit Declaration 2009.

2 Commencement

This Declaration commences on the day it is registered.

3 General drawing rights limit for 2008–2009

For the purposes of section 267 of the Nation-building Funds Act 2008, the general drawing rights limit in relation to the financial year ending on 30 June 2009 is $186 000 000.

Note

Note: 1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Health and Hospitals Fund General Drawing Rights Limit Declaration 2009