Commonwealth Numbered Acts

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FUTURE DROUGHT FUND ACT 2019 (NO. 55, 2019) - SECT 15

Purpose of the Future Drought Fund Special Account--main purpose

                   A purpose of the Future Drought Fund Special Account is to transfer amounts to the Agriculture Future Drought Resilience Special Account in accordance with section 34 for the purposes of:

                     (a)  paying amounts payable by the Commonwealth under an arrangement made under section 21; and

                     (b)  making grants under section 21; and

                     (c)  transferring amounts to the COAG Reform Fund in accordance with section 36AA for the purposes of making grants to the States and Territories under section 21.



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