CTHRepealedAct
Nation-building Funds Act 2008
202Total payments to depend primarily on the macroeconomic circumstances
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#### 202 Total payments to depend primarily on the macroeconomic circumstances
Scope
(1) This section applies to the following decisions:
(a) a decision to authorise a payment under section 176, where the authorisation will result in a debit from the Education Investment Fund Special Account in a financial year;
(b) a decision to give a direction under subsection 183(1), where the direction will result in a debit from the EIF Education Portfolio Fund in a financial year in accordance with subsection 185(2);
(c) a decision to give a direction under subsection 190(1), where the direction will result in a debit from the EIF Research Portfolio Fund in a financial year in accordance with subsection 192(2);
(d) a decision to give a direction under subsection 194(1), where the direction will result in a debit from the COAG Reform Fund in a financial year in accordance with subsection 197(2).
Macroeconomic circumstances
(2) In making the decision, the Finance Minister must have regard to the principle that the total of the amounts referred to in subsection 199(1) debited during the financial year should depend primarily on the macroeconomic circumstances.