Emergency Response Fund Investment Mandate Amendment (Disaster Ready Fund) Direction 2023

We, JIM CHALMERS, Treasurer, and KATY GALLAGHER, Minister for Finance, make the following Direction.

Dated 9 February 2023   

JIM CHALMERS   KATY GALLAGHER

Treasurer   Minister for Finance

Contents

1  Name

2  Commencement

3  Authority

4  Schedule

Schedule 1—Amendments

Emergency Response Fund Investment Mandate Direction 2020

1  Name

  This instrument is the Emergency Response Fund Investment Mandate Amendment (Disaster Ready Fund) Direction 2023.

2  Commencement

  This instrument commences at the same time as Schedule 1 to the Emergency Response Fund Amendment (Disaster Ready Fund) Act 2022 commences.

3  Authority

  This instrument is made under subsection 4(1) of the Emergency Response Fund Amendment (Disaster Ready Fund) Act 2022.

4  Schedule

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Emergency Response Fund Investment Mandate Direction 2020

1  Section 1

Omit “Emergency Response Fund” and substitute “Disaster Ready Fund”.

2  Section 3

Omit “made under the Emergency Response Fund Act 2019” and substitute “in force under the Disaster Ready Fund Act 2019”.

3  Section 4 (definition of Act)

Omit “Emergency Response Fund Act 2019” and substitute “Disaster Ready Fund Act 2019”.

4  Section 4 (definition of Fund)

Omit “Emergency Response Fund” and substitute “Disaster Ready Fund”.