40Natural Heritage Ministerial Board

40 Natural Heritage Ministerial Board

(1) There is to be a Natural Heritage Ministerial Board, which is to consist of: (a) the Minister; and (b) the Agriculture Minister. (2) The functions of the Natural Heritage Ministerial Board are as follows: (a) to provide a forum in which the Minister and the Agriculture Minister are to consult with each other about all matters relating to the Account; (b) to prepare estimates under section 41; (c) to monitor the effectiveness of the administration of this Act in achieving: (i) the primary objective of the National Vegetation Initiative; and (ii) the primary objective of the Murray‑Darling 2001 Project; and (iii) the primary objectives of the National Land and Water Resources Audit; and (iv) the primary objective of the National Reserve System; and (v) the primary objectives of the Coasts and Clean Seas Initiative; and (vi) environmental protection; and (vii) sustainable agriculture; and (viii) natural resources management. (3) For the purposes of this section, each of the following decisions is taken to be a matter that relates to the Account: (a) a decision about a proposal to spend an amount standing to the credit of the Account; (b) a decision relating to the investment of an amount standing to the credit of the Account; (c) a decision to make a recommendation to the Governor‑General about the making of regulations under this Act; (d) a decision under this Act; (e) a decision under any other law of the Commonwealth, to the extent that the law relates to the Account.