Document ID: chunk:federal_register_of_legislation:F2024C01281:clause:1ab_271
Version: federal_register_of_legislation:F2024C01281
Segment Type: clause
Provision Reference: sch 1AB cl 271
Character Range: 781735–786733

271       Social Impact Investment Sector Readiness Fund                                                                                                       To provide funding to build the capability of non‑government organisations and the private sector to create opportunities for, and participate in, the social impact investing market.
                                                                                                                                                               This objective also has the effect it would have if it were limited to measures:
                                                                                                                                                               (a) with respect to postal, telegraphic, telephonic, and other like services (within the meaning of paragraph 51(v) of the Constitution); or
                                                                                                                                                               (b) with respect to aliens (within the meaning of paragraph 51(xix) of the Constitution); or
                                                                                                                                                               (c) providing, or incidental to the provision of, unemployment benefits or medical services (within the meaning of paragraph 51(xxiiiA) of the Constitution); or
                                                                                                                                                               (d) to support Indigenous Australians and particular groups of Indigenous Australians; or
                                                                                                                                                               (e) to meet Australia's obligations under the following:
                                                                                                                                                               (i) the Convention on the Elimination of All Forms of Discrimination Against Women, particularly Articles 2, 3, 5(a) and 16;
                                                                                                                                                               (ii) the Convention on the Rights of the Child, particularly Articles 4, 6(2), 18(2), 19, 27(3), 28(1) and 29(1);
                                                                                                                                                               (iii) the Convention on the Rights of Persons with Disabilities, particularly Articles 4, 8, 16, 19, 26(1) and 27;
                                                                                                                                                               (iv) the Convention on Psychotropic Substances, particularly Article 20;
                                                                                                                                                               (v) the International Convention on the Elimination of All Forms of Racial Discrimination, particularly Articles 2 and 7;
                                                                                                                                                               (vi) the International Covenant on Economic, Social and Cultural Rights, particularly Articles 2(1), 6, 11(1), 12(2) and 13(2);
                                                                                                                                                               (vii) the International Labour Organization's Convention concerning Employment Policy, particularly Article 1(1);
                                                                                                                                                               (viii) the International Labour Organization's Convention concerning Vocational Guidance and Vocational Training in the Development of Human Resources, particularly Articles 1(1) and 2;
                                                                                                                                                               (ix) the Single Convention on Narcotic Drugs (as amended), particularly Article 38;
                                                                                                                                                               (x) the United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances, particularly Article 14(4); or
                                                                                                                                                               (f) that are peculiarly adapted to the government of a nation and that cannot otherwise be carried on for the benefit of the nation.