Commonwealth legislation

Medical Research Future Fund (Crediting of Amounts) Determination 2017

In ForceCTH

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

2/10 complexity

This instrument directs that $2,242,200,000 be credited to the Medical Research Future Fund Special Account on 3 July 2017. It is a Treasurer/Finance determination that allocates a specified sum into the Fund, comes into effect on registration, and thereby commits a large fiscal amount to the Fund’s resources. The instrument does not specify the funding source.

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Direct links to the current provisions in Medical Research Future Fund (Crediting of Amounts) Determination 2017.

Medical Research Future Fund (Crediting of Amounts) Determination 2017

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Medical Research Future Fund (Crediting of Amounts) Determination 2017

We, SCOTT MORRISON, Treasurer, and MATHIAS HUBERT PAUL CORMANN, Minister for Finance, having had regard to the object of the Medical Research Future Fund Act 2015, make this determination under section 15 (1) (a) of that Act.

Dated June 22 2017

SCOTT MORRISON MATHIAS HUBERT PAUL CORMANN

Treasurer Minister for Finance

1 Name

This determination is the Medical Research Future Fund (Crediting of Amounts) Determination 2017.

2 Commencement

This determination commences on the day on which it is registered.

Note: Section 42 of the Legislation Act 2003 (which deals with disallowance of legislative instruments) does not apply to this instrument: see section 15 (3) of the Medical Research Future Fund Act 2015.

3 Authority

This instrument is made under section 15 (1) (a) of the Medical Research Future Fund Act 2015.

4 Crediting of Amounts

As per section 15 (1) (a) of the Medical Research Future Fund Act 2015, $2,242,200,000.00 is to be credited to the Medical Research Future Fund Special Account on 3 July 2017.

Note: The Medical Research Future Fund Special Account is established by section 14 of the Medical Research Future Fund Act 2015.

Source text

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

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Medical Research Future Fund (Crediting of Amounts) Determination 2017

Dated June 22 2017

SCOTT MORRISON MATHIAS HUBERT PAUL CORMANN

Treasurer Minister for Finance

1 Name

This determination is the Medical Research Future Fund (Crediting of Amounts) Determination 2017.

2 Commencement

This determination commences on the day on which it is registered.

3 Authority

This instrument is made under section 15 (1) (a) of the Medical Research Future Fund Act 2015.

4 Crediting of Amounts

As per section 15 (1) (a) of the Medical Research Future Fund Act 2015, $2,242,200,000.00 is to be credited to the Medical Research Future Fund Special Account on 3 July 2017.

Note: The Medical Research Future Fund Special Account is established by section 14 of the Medical Research Future Fund Act 2015.