Document ID: chunk:federal_register_of_legislation:C2024C00314:section:5:p1
Version: federal_register_of_legislation:C2024C00314
Segment Type: section
Provision Reference: s 5 (pt 1/3)
Character Range: 12580–15420

5  Definitions
  In this Act:
acquire includes acquire by way of issue.
Advisory Board means the Australian Medical Research Advisory Board established by section 32B.
Agency means the Future Fund Management Agency.
Appropriation Act means an Act appropriating money for expenditure out of the Consolidated Revenue Fund.
asset has the same meaning as in the Future Fund Act 2006.
Australian Medical Research and Innovation Priorities means the priorities determined under section 32E.
Australian Medical Research and Innovation Strategy means the strategy determined under section 32D.
balance of the Medical Research Future Fund means the sum of:
 (a) amounts standing to the credit of the Medical Research Future Fund Special Account; and
 (b) the value of investments of the Medical Research Future Fund.
bank has the same meaning as in the Public Governance, Performance and Accountability Act 2013.
business entity means:
 (a) a company; or
 (b) a partnership; or
 (c) a trust; or
 (d) a body politic.
corporate Commonwealth entity has the same meaning as in the Public Governance, Performance and Accountability Act 2013.
derivative means a derivative (within the meaning of Chapter 7 of the Corporations Act 2001) that is a financial asset.
Federation Reform Fund means the Federation Reform Fund established by section 5 of the Federation Reform Fund Act 2008.
Finance Department means the Department administered by the Finance Minister.
Finance Minister has the same meaning as in the Public Governance, Performance and Accountability Act 2013.
financial asset has the same meaning as in the Future Fund Act 2006.
Future Fund Board means the Future Fund Board of Guardians established by section 34 of the Future Fund Act 2006.
Future Fund Special Account means the Future Fund Special Account established by section 12 of the Future Fund Act 2006.
Health and Hospitals Fund means the Health and Hospitals Fund that was established by section 214 of the Nation‑building Funds Act 2008 before that section was repealed.
Health and Hospitals Fund Special Account means the Health and Hospitals Fund Special Account that was established by section 215 of the Nation‑building Funds Act 2008 before that section was repealed.
Health Department means the Department administered by the Health Minister.
Health Minister means the Minister administering the National Health Act 1953.
investment means any mode of application of money or financial assets for the purpose of gaining a return (whether by way of income, capital gain or any other form of return).
investment manager means a person or body (other than the Agency) who undertakes to do any or all of the following:
 (a) invest amounts on behalf of the Future Fund Board;
 (b) manage the investment of funds on behalf of the Future Fund Board;
 (c) acquire derivatives on behalf