Future Fund Investment Mandate Direction 2024 (Cth)

Future Fund Investment Mandate Direction 2024

We, Jim Chalmers, Treasurer, and Katy Gallagher, Minister for Finance, make the following direction.

Dated 19 November 2024

Dr Jim Chalmers Katy Gallagher Treasurer Minister for Finance

Contents Part 1—Preliminary 1 Name 2 Commencement 3 Authority 4 Schedules 5 Objects of this instrument 6 Definitions Part 2—Directions 7 Investments in financial assets only 8 Maximise return 9 National priorities 10 Benchmark return 11 Limits on holdings in certain companies 12 Board must consider impacts of investment strategy 13 Corporate governance Schedule 1—Repeals Future Fund Investment Mandate Direction 2017

Part 1—Preliminary

1 Name This instrument is the Future Fund Investment Mandate Direction 2024.

2 Commencement (1) Each provision of this instrument 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.

Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. The whole of this instrument The later of: (a) the 15th day after this instrument is made; and (b) the day after this instrument is registered.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument. (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.