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COAG Reform Fund Bill 2008

Part 1 Preliminary

   

1   Short title

                   This Act may be cited as the COAG Reform Fund Act 2008 .

2   Commencement

                   This Act commences on 1 January 2009.

3   Simplified outline

                   The following is a simplified outline of this Act:

•      This Act establishes the COAG Reform Fund.

•      The purpose of the COAG Reform Fund is the making of grants of financial assistance to the States and Territories.

•      The terms and conditions on which financial assistance is granted are to be set out in a written agreement between the Commonwealth and the State or Territory.

4   Crown to be bound

                   This Act binds the Crown in each of its capacities.