Document ID: chunk:federal_register_of_legislation:C2023C00407:section:23
Version: federal_register_of_legislation:C2023C00407
Segment Type: section
Provision Reference: s 23
Character Range: 31998–32979

23  Annual payments—pre‑payment transfers to the Indigenous Land and Sea Corporation Funding Special Account
 (1) On the business day before the first business day in October in the financial year beginning on 1 July 2018, the Finance Minister must cause an amount equal to the amount worked out under subsection 22(1) to be:
 (a) debited from the Aboriginal and Torres Strait Islander Land and Sea Future Fund Special Account; and
 (b) credited to the Indigenous Land and Sea Corporation Funding Special Account.
 (2) On the business day before the first business day in October in:
 (a) the financial year beginning on 1 July 2019; or
 (b) a later financial year;
the Finance Minister must cause an amount equal to the amount worked out under subsection 22(2) for the financial year to be:
 (c) debited from the Aboriginal and Torres Strait Islander Land and Sea Future Fund Special Account; and
 (d) credited to the Indigenous Land and Sea Corporation Funding Special Account.