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.