Document ID: chunk:federal_register_of_legislation:C2023C00407:section:25
Version: federal_register_of_legislation:C2023C00407
Segment Type: section
Provision Reference: s 25
Character Range: 34202–35675

25  Additional payments to the Indigenous Land and Sea Corporation
 (1) The Finance Minister and the Indigenous Affairs Minister may, by notifiable instrument, determine that, on a specified day, the Indigenous Affairs Minister must, on behalf of the Commonwealth, pay a specified amount to the Indigenous Land and Sea Corporation.
 (2) In making a determination under subsection (1), the Finance Minister and the Indigenous Affairs Minister must have regard to:
 (a) the advice given by the Future Fund Board under section 27 in relation to the impact of the making of the determination on the sustainability of payments required to be made under section 22; and
 (b) such other matters (if any) as the Finance Minister and the Indigenous Affairs Minister consider relevant.
 (3) If the Finance Minister and the Indigenous Affairs Minister make a determination under subsection (1) that specifies a day in a financial year, the Finance Minister and the Indigenous Affairs Minister must not make another determination under subsection (1) that specifies:
 (a) that day; or
 (b) another day in the financial year.
 (4) A day specified in a determination under subsection (1) must not be earlier than 30 days after the day the determination is made.
 (5) If a determination is made under subsection (1), the Finance Minister must:
 (a) give a copy of the determination to the Future Fund Board; and
 (b) do so at least 30 days before the day specified in the determination.