House of Representatives

Nation-Building Funds (Consequential Amendments) Bill 2008

Explanatory Memorandum

Circulated By Authority of the Minister for Finance and Deregulation, the Honourable Lindsay Tanner Mp

Schedule 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.


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