Document ID: chunk:federal_register_of_legislation:C2007A00161:clause:1_69
Version: federal_register_of_legislation:C2007A00161
Segment Type: clause
Provision Reference: sch 1 cl 69
Character Range: 14963–15554

69  After subclause 8(1) of Schedule 1
Insert:

 (1A) A direction under subclause (1) in relation to financial assets must not direct the Board in relation to the investment of an amount credited to the Fund Account in respect of:
 (a) income derived from the financial assets; or
 (b) a return of capital, or any other financial distribution, relating to the financial assets; or
 (c) the proceeds of the realisation of the financial assets.

Note: For directions about the investment of amounts standing to the credit of the Fund Account, see section 18 (Future Fund Investment Mandate).