Mineral and Energy Resources (Financial Provisioning) Act 2018
sec.21Functions
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sec.21 Functions
The scheme manager has the following functions— allocating authorities to a risk category; reviewing the risk category to which authorities have been allocated; managing the scheme; administering the residual risks fund; setting investment objectives for the scheme fund or part of the scheme fund, and for the residual risks fund or part of the residual risks fund, and establishing investment strategies and policies to achieve the objectives. In performing the function under subsection (1) (e) , the scheme manager must ask for advice from— the Long Term Asset Advisory Board; or if the Treasurer nominates another entity for this paragraph—the nominated entity. In this section— Long Term Asset Advisory Board means the Long Term Asset Advisory Board established under the Queensland Treasury Corporation Act 1988 , section 10 . s 21 amd 2020 No. 26 s 106 (sec.21-ssec.1) The scheme manager has the following functions— allocating authorities to a risk category; reviewing the risk category to which authorities have been allocated; managing the scheme; administering the residual risks fund; setting investment objectives for the scheme fund or part of the scheme fund, and for the residual risks fund or part of the residual risks fund, and establishing investment strategies and policies to achieve the objectives. (sec.21-ssec.2) In performing the function under subsection (1) (e) , the scheme manager must ask for advice from— the Long Term Asset Advisory Board; or if the Treasurer nominates another entity for this paragraph—the nominated entity. (sec.21-ssec.3) In this section— Long Term Asset Advisory Board means the Long Term Asset Advisory Board established under the Queensland Treasury Corporation Act 1988 , section 10 .
- (a) allocating authorities to a risk category;
- (b) reviewing the risk category to which authorities have been allocated;
- (c) managing the scheme;
- (d) administering the residual risks fund;
- (e) setting investment objectives for the scheme fund or part of the scheme fund, and for the residual risks fund or part of the residual risks fund, and establishing investment strategies and policies to achieve the objectives.
- (a) the Long Term Asset Advisory Board; or
- (b) if the Treasurer nominates another entity for this paragraph—the nominated entity.