11AGovernance framework and investment strategy

11A Governance framework and investment strategy

11A Governance framework and investment strategy

(1) The Minister must make the following as soon as practicable after the commencement of this section—

(a) a governance framework to guide the effective and transparent administration of this Act,

(b) an investment strategy to guide grants of financial assistance from the Fund and other payments out of the Fund (the investment strategy).

(2) The investment strategy must contain information about the following—

(a) the key focus areas for investment,

(b) the principles that guide investment in the focus areas,

(c) the investment pathways relating to processes for delivering funding.

(3) The Minister—

(a) must review the investment strategy at least once every 2 years, and

(b) may amend the investment strategy at any time.

(4) The Minister must publish the governance framework and investment strategy on the Department’s website.

s 11A: Ins 2024 No 64, Sch 1[13].