Nation-building Funds Act 2008
162Additional financial assets
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162 Additional financial assets
(1) If, as a result of: (a) the Future Fund Board’s holding of an investment of the Education Investment Fund; or (b) the exercise of any rights or powers conferred on the Future Fund Board in its capacity as the holder of an investment of the Education Investment Fund; the Future Fund Board becomes the holder of a financial asset, that financial asset is taken to be an investment of the Education Investment Fund. Transitional—Higher Education Endowment Fund (2) If, as a result of: (a) the Future Fund Board’s holding of an investment of the Higher Education Endowment Fund at a time before the commencement of this section; or (b) the exercise of any rights or powers conferred on the Future Fund Board in its capacity as the holder of an investment of the Higher Education Endowment Fund at a time before the commencement of this section; the Future Fund Board becomes the holder of a financial asset at a time after the commencement of this section, that financial asset is taken to be an investment of the Education Investment Fund.