Document ID: chunk:federal_register_of_legislation:C2007C00134:clause:2_234
Version: federal_register_of_legislation:C2007C00134
Segment Type: clause
Provision Reference: sch 2 cl 234
Character Range: 227720–228323

234  Superannuation Protection Reserve

 (1) This subsection establishes a reserve called the Superannuation Protection Reserve.

 (2) The Reserve is a component of the Reserved Money Fund.

 (3) So far as practicable, money in the Reserve that is not required for the purpose of making payments out of the Reserve must be invested under section 39 of the Financial Management and Accountability Act 1997.

 (4) If income is received by the Commonwealth from the investment of money from the Reserve, an amount equal to the income must be transferred to the Reserve from the Consolidated Revenue Fund.