Explanatory Memorandum
Circulated By Authority of the Minister for Finance and Deregulation, the Honourable Lindsay Tanner MpSchedule 1-Repeal
Higher Education Endowment Fund Act 2007
Item 1 of Schedule 1 repeals the HEEF Act, consistent with the HEEF being closed and its balance being transferred to the EIF. Transfer of the balance of the HEEF to the EIF is covered in the legislation establishing the EIF.