Document ID: chunk:federal_register_of_legislation:F2024L01477:clause:1_6
Version: federal_register_of_legislation:F2024L01477
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 2868–4778

6  Definitions
Note: Expressions have the same meaning in this instrument as in the Future Fund Act 2006 as in force from time to time—see paragraph 13(1)(b) of the Legislation Act 2003.
  In this instrument:
CPI means the All Groups Consumer Price Index as published by the Australian Statistician.
economic resilience and security infrastructure means infrastructure for sectors of a national economy where having some level of domestic capability is necessary for, or an efficient way to improve, the resilience and security of the economy of the nation.
Example: Economic resilience and security infrastructure includes infrastructure that supports domestic supply chains that are highly concentrated, vulnerable to disruption, or require diversification, to ensure these supply chains continue to operate effectively in the event of an external shock.
energy transition means:
 (a) increasing the overall use of renewable and low emission energy sources; and
 (b) increasing the capacity and efficiency of Australia's energy infrastructure; and
 (c) decreasing Australia's overall reliance on high emission energy sources, including by developing and improving technology to achieve that objective.
Note: The energy transition to net zero carbon emissions by 2050 may require the use of medium emission energy sources to decrease Australia's overall carbon emissions during the transition period.
infrastructure includes:
 (a) transport infrastructure; and
 (b) energy infrastructure; and
 (c) communication infrastructure; and
 (d) water infrastructure; and
 (e) economic resilience and security infrastructure.
net zero transformation means reducing Australia's net greenhouse gas emissions to zero by the year 2050.
residential housing means residential premises (within the meaning of the A New Tax System (Goods and Services Tax) Act 1999.
the Act means the Future Fund Act 2006.

Part 2—Directions