Nation-building Funds Amendment Act 2009 (Cth)

Nation‑building Funds Amendment Act 2009

No. 40, 2009

An Act to amend the Nation‑building Funds Act 2008, and for related purposes

Contents

Nation-building Funds Amendment Act 2009

No. 40, 2009

An Act to amend the Nation‑building Funds Act 2008, and for related purposes

[Assented to 23 June 2009]

The Parliament of Australia enacts:

1Short title

This Act may be cited as the Nation‑building Funds Amendment Act 2009.

2Commencement

This Act commences on the day on which it receives the Royal Assent.

3Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1Amendments

Nation‑building Funds Act 2008

1

Section 130

Omit:

• One or more initial amounts are to be credited to the Education Investment Fund Special Account by 30 June 2009. The total of the initial amounts must equal $2.5 billion.

2

Section 133

Repeal the section.

Note: The heading to section 134 is altered by omitting “Subsequent credits” and substituting “Credits”.

[Minister’s second reading speech made in—

House of Representatives on 12 May 2009

Senate on 14 May 2009]

(74/09)