Document ID: chunk:federal_register_of_legislation:C2024C00295:section:15
Version: federal_register_of_legislation:C2024C00295
Segment Type: section
Provision Reference: s 15
Character Range: 19274–20647

15  Purposes of the Disaster Ready Fund Special Account—purposes related exclusively to the investments etc. of the Disaster Ready Fund
  Each of the following is a purpose of the Disaster Ready Fund Special Account:
 (a) paying the costs of, or incidental to, the acquisition of financial assets under section 37;
 (b) paying expenses of an investment of the Disaster Ready Fund;
 (c) paying the costs of, or incidental to, the acquisition of derivatives under section 47;
 (d) paying or discharging the costs, expenses and other obligations incurred by the Future Fund Board under a contract between the Board and an investment manager engaged under subsection 50(1);
 (e) paying or discharging the costs, expenses and other obligations incurred in connection with the establishment, maintenance or operation of a bank account of the Future Fund Board, if the bank account relates exclusively to the Disaster Ready Fund;
 (f) paying a premium in respect of a contract of insurance entered into by the Future Fund Board exclusively in connection with the Disaster Ready Fund;
 (g) paying or discharging any other costs, expenses, obligations or liabilities incurred by the Future Fund Board exclusively in connection with the Disaster Ready Fund.
Note: See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).