CTHRepealedAct
Nation-building Funds Act 2008
152Education Investment Fund to inherit investments of the Higher Education Endowment Fund
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#### 152 Education Investment Fund to inherit investments of the Higher Education Endowment Fund
Scope
(1) This section applies to a financial asset if:
(a) immediately before the commencement of this section, the financial asset was an investment of the Higher Education Endowment Fund; and
(b) the financial asset is held by the Future Fund Board; and
(c) the financial asset has been continuously held by the Future Fund Board since the commencement of this section.
> Note: The Higher Education Endowment Fund was established by section 11 of the repealed Higher Education Endowment Fund Act 2007.
Investment of the Education Investment Fund
(2) The financial asset is taken to be an investment of the Education Investment Fund.