CTHRepealedAct
Nation-building Funds Act 2008
148ATransfers from the Education Investment Fund to the DisabilityCare Australia Fund
Start here
Get a plain-English read of 148A
Turn the raw legal text into a practical explanation grounded in Nation-building Funds Act 2008.
#### 148A Transfers from the Education Investment Fund to the DisabilityCare Australia Fund
(1) If an amount is debited from the DisabilityCare Australia Fund Special Account for a purpose mentioned in section 16 of the DisabilityCare Australia Fund Act 2013, the Finance Minister may, by writing, direct that a specified amount is to be:
(a) debited from the Education Investment Fund Special Account; and
(b) credited to the DisabilityCare Australia Fund Special Account;
on a specified day.
(2) The specified amount must not exceed the amount debited from the DisabilityCare Australia Fund Special Account as mentioned in subsection (1).
(3) A direction under subsection (1) is not a legislative instrument.