Perin Davey (NSW, National Party, Shadow Minister for Water) Share this | Hansard source

I move opposition amendment (1) on sheet 1726, in the name of Senator Hume:

(1) Schedule 1, item 105, page 22 (after line 15), at the end of section 34A, add:

(6) The advice given by the Future Fund Board in accordance with subparagraph (1)(b)(i) must be tabled in each House of the Parliament with the relevant determination.

Note: As the determination is a legislative instrument, it is also tabled in each House of the Parliament under section 38 of the Legislation Act 2003.

This amendment gives effect to the recommendation included in the Senate legislation committee's coalition senators' additional comments that division 1, part 5 of the bill be amended to require the full advice of the Future Fund Board to be tabled with the legislative instrument that adjusts the maximum annual disbursement.