Document ID: chunk:federal_register_of_legislation:F2015L01817:body:0:p2
Version: federal_register_of_legislation:F2015L01817
Segment Type: other
Provision Reference: 
Character Range: 2620–3517

risk, the Board must take into account:
           * the principle that the nominal value of the credits to the Fund be preserved over the long term; and
           *  the principle to moderate the volatility of the maximum annual distribution.

 6. Board must consider impacts from its investment strategy

    In undertaking its investment activities, the Board must act in a way that:

       (a) minimises the potential to effect any abnormal change in the volatility or efficient operation of Australian financial markets; and
       (b) is unlikely to cause any diminution of the Australian Government's reputation in Australian and international financial markets.

 7. Corporate Governance

    The Board must have regard to international best practice for institutional investment in determining its approach to corporate governance principles, including in relation to its voting policy.