CTHRepealedAct
Nation-building Funds Act 2008
150Objects of investment of the Education Investment Fund
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#### 150 Objects of investment of the Education Investment Fund
(1) The main object of the acquisition by the Future Fund Board of a financial asset as an investment of the Education Investment Fund is to enhance the Commonwealth’s ability:
(a) to make payments in relation to the creation or development of higher education infrastructure; and
(b) to make payments in relation to the creation or development of research infrastructure; and
(c) to make payments in relation to the creation or development of vocational education and training infrastructure; and
(d) to make payments in relation to the creation or development of eligible education infrastructure; and
(e) to make transitional HEEF payments.
(2) The ancillary objects of the acquisition by the Future Fund Board of a financial asset as an investment of the Education Investment Fund are to enhance the ability of the Commonwealth and the Future Fund Board to:
(a) discharge costs, expenses, obligations and liabilities; and
(b) make payments;
as mentioned in paragraphs 136(1)(f) to (l), 137(a) to (g) and 138(a) to (g).