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Natural Heritage Trust of Australia Act 1997
3Simplified outline
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#### 3 Simplified outline
The following is a simplified outline of this Act:
• This Act establishes the Natural Heritage Trust of Australia Account.
• The main source of money for the Account is $1.35 billion from the partial sale of Telstra.
• The main objective of the establishment of the Account is to conserve, repair and replenish Australia’s natural capital infrastructure.
• Amounts standing to the credit of the Account will be spent on the environment, sustainable agriculture and natural resources management.