Document ID: chunk:federal_register_of_legislation:C2023C00441:section:4
Version: federal_register_of_legislation:C2023C00441
Segment Type: section
Provision Reference: s 4
Character Range: 11037–11898

4  Simplified outline
  The following is a simplified outline of this Act:

         • This Act sets up the Future Fund.
         • The Future Fund Board of Guardians is responsible for deciding how to invest the Future Fund.
         • Investments of the Future Fund will consist of financial assets.
         • The Board is bound by a Future Fund Investment Mandate given to it by the responsible Ministers.
         • The Future Fund Management Agency is responsible for assisting and advising the Board.
Note: The Future Fund Board of Guardians has additional functions under the Future Drought Fund Act 2019, the DisabilityCare Australia Fund Act 2013, the Disaster Ready Fund Act 2019, the Housing Australia Future Fund Act 2023, the Medical Research Future Fund Act 2015 and the Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018.