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National Reconstruction Fund Corporation (Investment Mandate) Direction 2023
In force
Administered by
Department of Industry, Science and Resources
This item is authorised by the following title:
National Reconstruction Fund Corporation Act 2023
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F2023L01564
29 November 2023
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Part 1—Preliminary
1 Name
2 Commencement
3 Authority
4 Object
5 Simplified outline of this instrument
6 Definitions
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Part 2—Directions
7 Introduction
8 Portfolio benchmark return
9 Portfolio risk
10 Investment considerations
11 Corporation must take medium to long term outlook
12 Corporation must consider impacts of Corporation’s investment practices
13 Corporation not to damage Commonwealth’s reputation
14 Corporation must collaborate and cooperate
15 Targeted financing levels
16 Limits on concessional financial accommodation
17 Limits on equity investments
18 Limits on guarantees
19 Australian industry participation