Document ID: chunk:federal_register_of_legislation:C2024C00289:section:9
Version: federal_register_of_legislation:C2024C00289
Segment Type: section
Provision Reference: s 9
Character Range: 16228–17631

9  Simplified outline
  The following is a simplified outline of this Part:

         • This Part sets up the DisabilityCare Australia Fund.
         • The DisabilityCare Australia Fund consists of:

                (a) the DisabilityCare Australia Fund Special Account; and
                (b) the investments of the DisabilityCare Australia Fund.

         • The Treasurer may determine that amounts are to be credited to the DisabilityCare Australia Fund Special Account.
         • Amounts may be debited from the DisabilityCare Australia Fund Special Account in accordance with the purposes of the DisabilityCare Australia Fund Special Account.
         • The main purposes of the DisabilityCare Australia Fund Special Account are:

                (a) to transfer amounts to the Federation Reform Fund in order to reimburse the States and Territories for expenditure incurred in relation to the National Disability Insurance Scheme Act 2013; and
                (b) to debit amounts in order to reimburse the Commonwealth for expenditure incurred in relation to the National Disability Insurance Scheme Act 2013.

         • The Finance Minister is responsible for authorising debits (the amounts of which will be credited to the Federation Reform Fund) on the recommendation of the National Disability Insurance Minister.

Division 2—Establishment of the DisabilityCare Australia Fund etc.