Title National Disability Insurance Scheme Savings Fund Special Account Bill 2016
Database Bills & Legislation
Long Title a Bill for an Act to establish the National Disability Insurance Scheme Savings Fund Special Account, and for related purposes
Date 31-08-2016 12:43 PM
Source House of Reps
Parl No. 45
Bill Number 89/16
Bill Type Government
Portfolio Social Services
Reps Bill Code M
Status Not Proceeding
System Id legislation/bills/r5682_first-reps/0000


National Disability Insurance Scheme Savings Fund Special Account Bill 2016
</head> <body lang="EN-AU" xml:lang="EN-AU"> <div class="WordSection1"> <p class="Session">2016</p> <p class="MsoNormal"><span style="font-size:14.0pt"> </span></p> <p class="MsoNormal"><span style="font-size:14.0pt">The Parliament of the</span></p> <p class="MsoNormal"><span style="font-size:14.0pt">Commonwealth of Australia</span></p> <p class="MsoNormal"><span style="font-size:14.0pt"> </span></p> <p class="House">HOUSE OF REPRESENTATIVES</p> <p class="MsoNormal"> </p> <p class="MsoNormal"> </p> <p class="MsoNormal"> </p> <p class="MsoNormal"> </p> <p class="Reading">Presented and read a first time</p> <p class="MsoNormal"><span style="font-size:9.5pt"> </span></p> <p class="MsoNormal"><span style="font-size:9.5pt"> </span></p> <p class="MsoNormal"><span style="font-size:9.5pt"> </span></p> <p class="MsoNormal"><span style="font-size:9.5pt"> </span></p> <p class="ShortT">National Disability Insurance Scheme Savings Fund Special Account Bill 2016</p> <p class="MsoNormal"> </p> <p class="Actno">No.      , 2016</p> <p class="MsoNormal"> </p> <p class="Portfolio">(Social Services)</p> <p class="MsoNormal"> </p> <p class="MsoNormal"> </p> <p class="MsoNormal"> </p> <p class="LongT">A Bill for an Act to establish the National Disability Insurance Scheme Savings Fund Special Account, and for related purposes</p> <p class="MsoHeader"><span class="CharChapNo"> </span><span class="CharChapText"> </span></p> <p class="MsoHeader"><span class="CharPartNo"> </span><span class="CharPartText"> </span></p> <p class="MsoHeader"><span class="CharDivNo"> </span><span class="CharDivText"> </span></p> </div> <span style="font-size:11.0pt;font-family:"Times New Roman","serif""><br clear="all" style="page-break-before:always"/></span> <div class="WordSection2"> <p class="MsoNormal"><span style="font-size:18.0pt">Contents</span></p> <p class="MsoToc5"><a name="BKCheck15B_1" id="BKCheck15B_1"/>1............ Short title............................................................................................. 1</p> <p class="MsoToc5">2............ Commencement................................................................................... 1</p> <p class="MsoToc5">3............ Definitions.......................................................................................... 2</p> <p class="MsoToc5">4............ Main object of Act.............................................................................. 2</p> <p class="MsoToc5">5............ Establishment of the National Disability Insurance Scheme Savings Fund Special Account   3</p> <p class="MsoToc5">6............ Purposes of the National Disability Insurance Scheme Savings Fund Special Account           3</p> <p class="MsoToc5">7............ Credits to Special Account—determinations by the Minister.............. 3</p> <p class="MsoToc5">8............ Delegation by the Minister.................................................................. 4</p> <p class="MsoToc5">9............ Review of operation of Act................................................................. 4</p> <p class="MsoNormal"> </p> </div> <span style="font-size:11.0pt;font-family:"Times New Roman","serif""><br clear="all" style="page-break-before:always"/></span> <div class="WordSection3"> <p class="Page1">A Bill for an Act to establish the National Disability Insurance Scheme Savings Fund Special Account, and for related purposes</p> <p class="MsoNormal" style="margin-top:12.0pt;line-height:normal"> <span style="font-size:16.0pt">The Parliament of Australia enacts:</span></p> <opc-section depth="0" ref="45bc932843624e27b275d97b0a682546" title="1  Short title"><a name="45bc932843624e27b275d97b0a682546"/><p class="ActHead5"><a name="_Toc459895504"><span class="CharSectno">1</span>  Short title</a></p> <p class="subsection">                    This Act is the <i>National Disability Insurance Scheme Savings Fund Special Account Act 2016.</i></p> </opc-section><opc-section depth="0" ref="bebd8da73a794b1d97cc859f0ced09f2" title="2  Commencement"><a name="bebd8da73a794b1d97cc859f0ced09f2"/><p class="ActHead5"><a name="_Toc459895505"><span class="CharSectno">2</span>  Commencement</a></p> <p class="subsection">              (1)  Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.</p> <p class="Tabletext"> </p> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" style="margin-left:5.35pt;border-collapse:collapse;border:none"> <thead> <tr> <td width="474" colspan="3" valign="top" style="width:355.55pt;border-top:solid windowtext 1.5pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0cm 5.35pt 0cm 5.35pt"> <p class="TableHeading">Commencement information</p> </td> </tr> <tr> <td width="113" valign="top" style="width:3.0cm;border:none;border-bottom:solid windowtext 1.0pt; padding:0cm 5.35pt 0cm 5.35pt"> <p class="TableHeading">Column 1</p> </td> <td width="255" valign="top" style="width:191.4pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0cm 5.35pt 0cm 5.35pt"> <p class="TableHeading">Column 2</p> </td> <td width="105" valign="top" style="width:79.1pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0cm 5.35pt 0cm 5.35pt"> <p class="TableHeading">Column 3</p> </td> </tr> <tr> <td width="113" valign="top" style="width:3.0cm;border:none;border-bottom:solid windowtext 1.5pt; padding:0cm 5.35pt 0cm 5.35pt"> <p class="TableHeading">Provisions</p> </td> <td width="255" valign="top" style="width:191.4pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0cm 5.35pt 0cm 5.35pt"> <p class="TableHeading">Commencement</p> </td> <td width="105" valign="top" style="width:79.1pt;border:none;border-bottom:solid windowtext 1.5pt; padding:0cm 5.35pt 0cm 5.35pt"> <p class="TableHeading">Date/Details</p> </td> </tr> </thead> <tr> <td width="113" valign="top" style="width:3.0cm;border:none;border-bottom:solid windowtext 1.5pt; padding:0cm 5.35pt 0cm 5.35pt"> <p class="Tabletext">1.  The whole of this Act</p> </td> <td width="255" valign="top" style="width:191.4pt;border:none;border-bottom:solid windowtext 1.5pt; padding:0cm 5.35pt 0cm 5.35pt"> <p class="Tabletext">The day this Act receives the Royal Assent.</p> </td> <td width="105" valign="top" style="width:79.1pt;border:none;border-bottom:solid windowtext 1.5pt; padding:0cm 5.35pt 0cm 5.35pt"> <p class="Tabletext"> </p> </td> </tr> </table> <p class="notetext"><span style="layout-grid-mode:line">Note:          This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.</span></p> <p class="subsection">              (2)  Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.</p> </opc-section><opc-section depth="0" ref="6a0e7b2d818b4a0db5efefb0f72c2684" title="3  Definitions"><a name="6a0e7b2d818b4a0db5efefb0f72c2684"/><p class="ActHead5"><a name="_Toc459895506"><span class="CharSectno">3</span>  Definitions</a></p> <p class="subsection">                    In this Act:</p> <p class="Definition"><b><i>National Disability Insurance Scheme Launch Transition Agency</i></b> means the National Disability Insurance Scheme Launch Transition Agency established by section 117 of the <i>National Disability Insurance Scheme Act 2013</i>.</p> <p class="Definition"><b><i>National Disability Insurance Scheme Savings Fund Special Account</i></b> means the National Disability Insurance Scheme Savings Fund Special Account established by section 5.</p> </opc-section><opc-section depth="0" ref="8024eaf4587743e693ae6e2ede84bd68" title="4  Main object of Act"><a name="8024eaf4587743e693ae6e2ede84bd68"/><p class="ActHead5"><a name="_Toc459895507"><span class="CharSectno">4</span>  Main object of Act</a></p> <p class="subsection">                    The main object of this Act is to assist the Commonwealth to meet its funding obligations in relation to the <i>National Disability Insurance Scheme Act 2013</i>.</p> </opc-section><opc-section depth="0" ref="64ecfbc36385419ba8950a4e5ade67fc" title="5  Establishment of the National Disability Insurance Scheme Savings Fund Special Account"><a name="64ecfbc36385419ba8950a4e5ade67fc"/><p class="ActHead5"><a name="_Toc459895508"><span class="CharSectno">5</span>  Establishment of the National Disability Insurance Scheme Savings Fund Special Account</a></p> <p class="subsection">              (1)  The National Disability Insurance Scheme Savings Fund Special Account is established by this section.</p> <p class="subsection">              (2)  The National Disability Insurance Scheme Savings Fund Special Account is a special account for the purposes of the <i>Public Governance, Performance and Accountability Act 2013</i>.</p> </opc-section><opc-section depth="0" ref="79c778b724df4a36b906d535f443aeac" title="6  Purposes of the National Disability Insurance Scheme Savings Fund Special Account"><a name="79c778b724df4a36b906d535f443aeac"/><p class="ActHead5"><a name="_Toc459895509"><span class="CharSectno">6</span>  Purposes of the National Disability Insurance Scheme Savings Fund Special Account</a></p> <p class="subsection">                    Each of the following is a purpose of the National Disability Insurance Scheme Savings Fund Special Account:</p> <p class="paragraph">                      (a)  to assist the Commonwealth to meet its funding obligations in relation to the <i>National Disability Insurance Scheme Act 2013</i>;</p> <p class="paragraph">                      (b)  to make payments to the National Disability Insurance Scheme Launch Transition Agency for the purposes of the Agency;</p> <p class="paragraph">                      (c)  to reduce the balance of the Account (and, therefore, the available appropriation for the Account) without making a real or notional payment.</p> <p class="notetext"> Note:          See section 80 of the <i>Public Governance, Performance and Accountability Act 2013</i> (which deals with special accounts).</p> </opc-section><opc-section depth="0" ref="2af2087446ed461fab8cca982c2dd43f" title="7  Credits to Special Account—determinations by the Minister"><a name="2af2087446ed461fab8cca982c2dd43f"/><p class="ActHead5"><a name="_Toc459895510"><span class="CharSectno">7</span>  Credits to Special Account—determinations by the Minister</a></p> <p class="subsection">              (1)  The Minister may, by writing, determine that:</p> <p class="paragraph">                      (a)  a specified amount is to be credited to the National Disability Insurance Scheme Savings Fund Special Account on a specified day; or</p> <p class="paragraph">                      (b)  a specified amount is to be credited to the National Disability Insurance Scheme Savings Fund Special Account in specified instalments on specified days.</p> <p class="notetext"> Note:          For variation and revocation, see subsection 33(3) of the <i>Acts Interpretation Act 1901</i>.</p> <p class="subsection">              (2)  A determination under subsection (1) is not a legislative instrument.</p> </opc-section><opc-section depth="0" ref="eb6a75f64fda42fba47806347ba722d6" title="8  Delegation by the Minister"><a name="eb6a75f64fda42fba47806347ba722d6"/><p class="ActHead5"><a name="_Toc459895511"><span class="CharSectno">8</span>  Delegation by the Minister</a></p> <p class="subsection">              (1)  The Minister may, by writing, delegate any or all of his or her powers under section 7 to:</p> <p class="paragraph">                      (a)  the Secretary of the Department; or</p> <p class="paragraph">                      (b)  an SES employee, or acting SES employee, in the Department.</p> <p class="notetext"> Note:          The expressions <b><i>SES employee</i></b> and <b><i>acting SES employee</i></b> are defined in section 2B of the <i>Acts Interpretation Act 1901</i>.</p> <p class="subsection">              (2)  In exercising powers under a delegation, the delegate must comply with any directions of the Minister.</p> </opc-section><opc-section depth="0" ref="c9bffbf01e2a4ab59ac852c06428814c" title="9  Review of operation of Act"><a name="c9bffbf01e2a4ab59ac852c06428814c"/><p class="ActHead5"><a name="_Toc459895512"><span class="CharSectno">9</span>  Review of operation of Act</a></p> <p class="subsection">                    The Minister must cause a review of the operation of this Act to be undertaken in the financial year ending on 30 June 2027.</p> </opc-section></div> </body> </div></div></body></html>