National Reconstruction Fund Corporation (Investment Mandate) Direction 2026
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7 Definitions
Note: A number of expressions used in this instrument are defined in section 5 of the Act, including the following:
(a) Account;
(b) Australia’s greenhouse gas emissions reduction targets;
(c) Board;
(d) Commonwealth entity;
(e) Corporation;
(f) Corporation body;
(g) Corporation’s investment functions;
(h) Corporation’s investment powers;
(i) Finance Minister;
(j) financial accommodation;
(k) Investment Mandate;
(l) investment of a Corporation body;
(m) Ministers;
(n) national security;
(o) priority area of the Australian economy;
(p) uncommitted balance.
In this instrument:
Act means the National Reconstruction Fund Corporation Act 2023.
Corporation’s investment practices means the performance of the Corporation’s investment functions and the exercise of the Corporation’s investment powers.
Department of Finance means the Department administered by the Finance Minister.
Economic Resilience Program, at a particular time, means all of the investments made available under subsection 18(1).
Forestry Growth Fund, at a particular time, means all of the investments made available under subsection 19(1).
General Portfolio, at a particular time, means all of the investments of all Corporation bodies at that time, other than those made available under subsections 18(1), 19(1) and 20(1).
Note: These subsections apply to investments allocated under the Economic Resilience Program, Net Zero Fund and Forestry Growth Fund.
investment means an investment of a Corporation body.
Net Zero Fund, at a particular time, means all of the investments made available under subsection 20(1).
Sub‑funds means the Economic Resilience Program, Forestry Growth Fund and Net Zero Fund.