Document ID: chunk:federal_register_of_legislation:C2023C00441:clause:1_2
Version: federal_register_of_legislation:C2023C00441
Segment Type: clause
Provision Reference: sch 1 cl 2
Character Range: 106835–107496

2  Credit of $18 billion to the Fund Account
 (1) Before 1 July 2006, the responsible Ministers must:
 (a) by writing, determine that $18 billion is to be credited to the Fund Account on a specified day; or
 (b) by writing, determine that $18 billion is to be credited to the Fund Account in specified instalments on specified days.
 (2) A day must not be specified under paragraph (1)(a) or (b) unless the day occurs before 1 July 2006.
 (3) A determination under subclause (1) is irrevocable.
 (4) A determination under subclause (1) is a legislative instrument, but section 42 (disallowance) of the Legislation Act 2003 does not apply to the determination.