1 Short title
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.6
note: The Act is titled.
asserts: australian-business-securitisation-fund-act-2019-sec-1-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-1
schema version: 2

1 Section 1
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.6
note: Commencement of the Act
asserts: australian-business-securitisation-fund-act-2019-sec-1-2-norm
asserts: australian-business-securitisation-fund-act-2019-sec-1-2-logic-alleninterval-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-1-2
schema version: 2

australian-business-securitisation-fund-act-2019-sec-1-2-logic-alleninterval-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Temporal interval
modality: AllenInterval
operator: Applicable

10 Establishment of the Australian Business Securitisation Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.9
curation status: Proposed
has part: 10(1) Establishment of the Australian Business Securitisation Fund
has part: 10(2) Establishment of the Australian Business Securitisation Fund
proposed by: legis2cml
realized by: sec-10
schema version: 2

10(1) Establishment of the Australian Business Securitisation Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.9
note: Establishment of the Australian Business Securitisation Fund
asserts: australian-business-securitisation-fund-act-2019-sec-10-ss-1-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-10-ss-1
schema version: 2
part of: 10 Establishment of the Australian Business Securitisation Fund

10(2) Establishment of the Australian Business Securitisation Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.9
note: Establishment of the Australian Business Securitisation Fund
asserts: australian-business-securitisation-fund-act-2019-sec-10-ss-2-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-10-ss-2
schema version: 2
part of: 10 Establishment of the Australian Business Securitisation Fund

11 Establishment of the Australian Business Securitisation Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.10
curation status: Proposed
has part: 11(1) Establishment of the Australian Business Securitisation Fund
has part: 11(2) Establishment of the Australian Business Securitisation Fund
proposed by: legis2cml
realized by: sec-11
schema version: 2

11(1) Establishment of the Australian Business Securitisation Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.10
note: Establishment of the Australian Business Securitisation Fund Special Account
asserts: australian-business-securitisation-fund-act-2019-sec-11-ss-1-norm
asserts: australian-business-securitisation-fund-act-2019-sec-11-ss-1-logic-deontic-1
asserts: australian-business-securitisation-fund-act-2019-sec-11-ss-1-logic-alleninterval-2
curation status: Proposed
proposed by: legis2cml
realized by: sec-11-ss-1
schema version: 2
part of: 11 Establishment of the Australian Business Securitisation Fund

australian-business-securitisation-fund-act-2019-sec-11-ss-1-logic-alleninterval-2
type: LogicApplication
conclusion text: The account exists from the time of its establishment.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Defines a temporal interval for the account's existence
modality: AllenInterval
operator: Applicable
premise text: The account is established by this section.

australian-business-securitisation-fund-act-2019-sec-11-ss-1-logic-deontic-1
type: LogicApplication
conclusion text: A duty is imposed on the establishment of the Australian Business Securitisation Fund Special Account.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Imposes a duty to establish the account
modality: Deontic
operator: Applicable
premise text: This section establishes the Australian Business Securitisation Fund Special Account.

11(2) Establishment of the Australian Business Securitisation Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.10
note: Debit amounts against an appropriation for a covered purpose and credit to the special account.
asserts: australian-business-securitisation-fund-act-2019-sec-11-ss-2-norm
asserts: australian-business-securitisation-fund-act-2019-sec-11-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-11-ss-2
schema version: 2
part of: 11 Establishment of the Australian Business Securitisation Fund

australian-business-securitisation-fund-act-2019-sec-11-ss-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Duty to debit and credit
modality: Deontic
operator: imposes

australian-business-securitisation-fund-act-2019-sec-11-ss-2-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 11(2) Establishment of the Australian Business Securitisation Fund

12 Investments of the Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.10
curation status: Proposed
has part: 12(1) Investments of the Fund
has part: 12(2) Investments of the Fund
has part: 12(3) Investments of the Fund
has part: 12(4) Investments of the Fund
has part: 12(5) Investments of the Fund
proposed by: legis2cml
realized by: sec-12
schema version: 2

12(1) Investments of the Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.10
note: The Minister may invest amounts standing to the credit of the Account in any authorised debt security.
asserts: australian-business-securitisation-fund-act-2019-sec-12-ss-1-norm
asserts: australian-business-securitisation-fund-act-2019-sec-12-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-12-ss-1
schema version: 2
part of: 12 Investments of the Fund

australian-business-securitisation-fund-act-2019-sec-12-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Permission to invest
modality: Deontic
operator: May

australian-business-securitisation-fund-act-2019-sec-12-ss-1-norm
type: Permission
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 12(1) Investments of the Fund

12(2) Investments of the Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.10
note: Investments under subsection (1) are taken to be investments of the Fund.
asserts: australian-business-securitisation-fund-act-2019-sec-12-ss-2-norm
asserts: australian-business-securitisation-fund-act-2019-sec-12-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-12-ss-2
schema version: 2
part of: 12 Investments of the Fund

australian-business-securitisation-fund-act-2019-sec-12-ss-2-logic-deontic-1
type: LogicApplication
conclusion text: (2) Investments under subsection (1) are taken to be investments of the Fund.
confidence: 0.5000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Implies an obligation.
modality: Deontic
operator: takes
premise text: (1) Investments of the Fund.

australian-business-securitisation-fund-act-2019-sec-12-ss-2-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 12(2) Investments of the Fund

12(3) Investments of the Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.10
note: Authorise re-investment of Fund proceeds upon maturity
asserts: australian-business-securitisation-fund-act-2019-sec-12-ss-3-norm
asserts: australian-business-securitisation-fund-act-2019-sec-12-ss-3-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-12-ss-3
schema version: 2
part of: 12 Investments of the Fund

australian-business-securitisation-fund-act-2019-sec-12-ss-3-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Permission to authorise re-investment
modality: Deontic
operator: May

12(4) Investments of the Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.10
note: An authorised debt security must comply with specific requirements.
asserts: australian-business-securitisation-fund-act-2019-sec-12-ss-4-norm
asserts: australian-business-securitisation-fund-act-2019-sec-12-ss-4-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-12-ss-4
schema version: 2
part of: 12 Investments of the Fund

australian-business-securitisation-fund-act-2019-sec-12-ss-4-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must comply with requirements.
modality: Deontic
operator: MUST

australian-business-securitisation-fund-act-2019-sec-12-ss-4-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 12(4) Investments of the Fund

12(5) Investments of the Fund
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.10
note: Investment of the Fund is exempt from Section 58 of the Public Governance, Performance and Accountability Act 2013.
asserts: australian-business-securitisation-fund-act-2019-sec-12-ss-5-norm
asserts: australian-business-securitisation-fund-act-2019-sec-12-ss-5-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-12-ss-5
schema version: 2
part of: 12 Investments of the Fund

australian-business-securitisation-fund-act-2019-sec-12-ss-5-logic-deontic-1
type: LogicApplication
conclusion text: The Fund is exempt from Section 58.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Investment exemption
modality: Deontic
operator: Exemption
premise text: Section 58 does not apply to the Fund.

13 Investment Mandate
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.11
curation status: Proposed
has part: 13(1) Investment Mandate
has part: 13(2) Investment Mandate
has part: 13(3) Investment Mandate
has part: 13(4) Investment Mandate
proposed by: legis2cml
realized by: sec-13
schema version: 2

13(1) Investment Mandate
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.11
note: The Minister may give directions about the exercise of their powers under section 12.
asserts: australian-business-securitisation-fund-act-2019-sec-13-ss-1-norm
asserts: australian-business-securitisation-fund-act-2019-sec-13-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-13-ss-1
schema version: 2
part of: 13 Investment Mandate

australian-business-securitisation-fund-act-2019-sec-13-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: The Minister may give directions.
modality: Deontic
operator: May

13(2) Investment Mandate
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.11
note: The Minister must comply with the Investment Mandate.
asserts: australian-business-securitisation-fund-act-2019-sec-13-ss-2-norm
asserts: australian-business-securitisation-fund-act-2019-sec-13-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-13-ss-2
schema version: 2
part of: 13 Investment Mandate

australian-business-securitisation-fund-act-2019-sec-13-ss-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Expresses a duty
modality: Deontic
operator: MUST

13(3) Investment Mandate
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.11
note: Investment Mandate directions
asserts: australian-business-securitisation-fund-act-2019-sec-13-ss-3-norm
asserts: australian-business-securitisation-fund-act-2019-sec-13-ss-3-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-13-ss-3
schema version: 2
part of: 13 Investment Mandate

australian-business-securitisation-fund-act-2019-sec-13-ss-3-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Includes specific matters
modality: Deontic
operator: includes
premise text: (f) any other matters that the Minister thinks appropriate.

australian-business-securitisation-fund-act-2019-sec-13-ss-3-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 13(3) Investment Mandate

13(4) Investment Mandate
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.11
note: The Minister must not give a direction under subsection (1) that has the purpose or is likely to have the effect of directly or indirectly requiring the Minister to make or not to make a particular investment.
asserts: australian-business-securitisation-fund-act-2019-sec-13-ss-4-norm
asserts: australian-business-securitisation-fund-act-2019-sec-13-ss-4-logic-deontic-1
asserts: australian-business-securitisation-fund-act-2019-sec-13-ss-4-logic-deontic-2
curation status: Proposed
proposed by: legis2cml
realized by: sec-13-ss-4
schema version: 2
part of: 13 Investment Mandate

australian-business-securitisation-fund-act-2019-sec-13-ss-4-logic-deontic-1
type: LogicApplication
conclusion text: (a) that has the purpose, or is likely to have the effect, of directly or indirectly requiring the Minister to make, or not to make, a particular investment;
confidence: 0.5000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of giving a direction with a specific purpose.
modality: Deontic
operator: Must Not
premise text: (4) The Minister must not give a direction under subsection (1):

australian-business-securitisation-fund-act-2019-sec-13-ss-4-logic-deontic-2
type: LogicApplication
conclusion text: (b) that is inconsistent with this Act (including the objects of this Act).
confidence: 0.5000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of giving a direction inconsistent with the Act.
modality: Deontic
operator: Must Not
premise text: (4) The Minister must not give a direction under subsection (1):

14 Credits to the Account
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.12
curation status: Proposed
has part: 14(1) Credits to the Account
has part: 14(2) Credits to the Account
has part: 14(3) Credits to the Account
has part: 14(4) Credits to the Account
has part: 14(5) Credits to the Account
proposed by: legis2cml
realized by: sec-14
schema version: 2

14(1) Credits to the Account
type: Concept
description: $250 million, $500 million, income derived from an investment of the Fund, a return of capital, or any other financial distribution relating to an investment of the Fund, and the proceeds of the realisation of an investment of the Fund
source: australian-business-securitisation-fund-act-2019.pdf, p.12
note: Credit amounts to be credited to the Account
asserts: australian-business-securitisation-fund-act-2019-sec-14-ss-1-norm
asserts: australian-business-securitisation-fund-act-2019-sec-14-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-14-ss-1
schema version: 2
part of: 14 Credits to the Account

australian-business-securitisation-fund-act-2019-sec-14-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must be credited to the Account
modality: Deontic
operator: MUST

australian-business-securitisation-fund-act-2019-sec-14-ss-1-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 14(1) Credits to the Account

14(2) Credits to the Account
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.12
note: Minister may determine credits to Account
asserts: australian-business-securitisation-fund-act-2019-sec-14-ss-2-norm
asserts: australian-business-securitisation-fund-act-2019-sec-14-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-14-ss-2
schema version: 2
part of: 14 Credits to the Account

australian-business-securitisation-fund-act-2019-sec-14-ss-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Permission granted by Minister
modality: Deontic
operator: May

14(3) Credits to the Account
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.12
note: Determination must be made on or after the specified time.
asserts: australian-business-securitisation-fund-act-2019-sec-14-ss-3-norm
asserts: australian-business-securitisation-fund-act-2019-sec-14-ss-3-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-14-ss-3
schema version: 2
part of: 14 Credits to the Account

australian-business-securitisation-fund-act-2019-sec-14-ss-3-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Mandatory action
modality: Deontic
operator: must

australian-business-securitisation-fund-act-2019-sec-14-ss-3-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 14(3) Credits to the Account

14(4) Credits to the Account
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.12
note: Express determination for a specified budget year
asserts: australian-business-securitisation-fund-act-2019-sec-14-ss-4-norm
asserts: australian-business-securitisation-fund-act-2019-sec-14-ss-4-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-14-ss-4
schema version: 2
part of: 14 Credits to the Account

australian-business-securitisation-fund-act-2019-sec-14-ss-4-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must express determination
modality: Deontic
operator: MUST Express
premise text: (4) The determination must be expressed to be for a specified budget year.

australian-business-securitisation-fund-act-2019-sec-14-ss-4-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 14(4) Credits to the Account

14(5) Credits to the Account
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.12
note: Minister must obtain agreement of Finance Minister before making a determination.
asserts: australian-business-securitisation-fund-act-2019-sec-14-ss-5-norm
asserts: australian-business-securitisation-fund-act-2019-sec-14-ss-5-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-14-ss-5
schema version: 2
part of: 14 Credits to the Account

australian-business-securitisation-fund-act-2019-sec-14-ss-5-logic-deontic-1
type: LogicApplication
conclusion text: Finance Minister agrees
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Obligation to obtain agreement
modality: Deontic
operator: MUST
premise text: Minister must make a determination

15 Purposes of the Account
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.12
note: Paying costs and expenses of the Commonwealth exclusively in connection with the Fund.
asserts: australian-business-securitisation-fund-act-2019-sec-15-norm
asserts: australian-business-securitisation-fund-act-2019-sec-15-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-15
schema version: 2

australian-business-securitisation-fund-act-2019-sec-15-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Paying costs and expenses of the Commonwealth exclusively in connection with the Fund.
modality: Deontic
operator: Obligation

australian-business-securitisation-fund-act-2019-sec-15-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 15 Purposes of the Account

16 Reducing the balance of the Account
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.13
curation status: Proposed
has part: 16(1) Reducing the balance of the Account
has part: 16(2) Reducing the balance of the Account
has part: 16(3) Reducing the balance of the Account
proposed by: legis2cml
realized by: sec-16
schema version: 2

16(1) Reducing the balance of the Account
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.13
note: Minister may direct debiting of a specified amount from the Account on a specified day.
asserts: australian-business-securitisation-fund-act-2019-sec-16-ss-1-norm
asserts: australian-business-securitisation-fund-act-2019-sec-16-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-16-ss-1
schema version: 2
part of: 16 Reducing the balance of the Account

australian-business-securitisation-fund-act-2019-sec-16-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Minister may direct
modality: Deontic
operator: May

16(2) Reducing the balance of the Account
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.13
note: A direction under subsection (1) is not a legislative instrument.
asserts: australian-business-securitisation-fund-act-2019-sec-16-ss-2-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-16-ss-2
schema version: 2
part of: 16 Reducing the balance of the Account

australian-business-securitisation-fund-act-2019-sec-16-ss-2-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 16(2) Reducing the balance of the Account

16(3) Reducing the balance of the Account
type: Concept
description: Yes
source: australian-business-securitisation-fund-act-2019.pdf, p.13
note: The Minister must provide a copy of the direction to the Finance Minister.
asserts: australian-business-securitisation-fund-act-2019-sec-16-ss-3-norm
asserts: australian-business-securitisation-fund-act-2019-sec-16-ss-3-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-16-ss-3
schema version: 2
part of: 16 Reducing the balance of the Account

australian-business-securitisation-fund-act-2019-sec-16-ss-3-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: The Minister must provide a copy of the direction.
modality: Deontic
operator: MUST

17 Simplified outline of this Part
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.14
note: Contains miscellaneous provisions, including general rule-making power.
asserts: australian-business-securitisation-fund-act-2019-sec-17-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-17
schema version: 2

18 Constitutional limits
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.14
note: The Minister may exercise a power or perform a function only under certain conditions.
asserts: australian-business-securitisation-fund-act-2019-sec-18-norm
asserts: australian-business-securitisation-fund-act-2019-sec-18-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-18
schema version: 2

australian-business-securitisation-fund-act-2019-sec-18-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Expresses permission or obligation.
modality: Deontic
operator: may

australian-business-securitisation-fund-act-2019-sec-18-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 18 Constitutional limits

19 Delegations by the Minister
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.14
curation status: Proposed
has part: 19(1) Delegations by the Minister
has part: 19(2) Delegations by the Minister
has part: 19(3) Delegations by the Minister
has part: 19(4) Delegations by the Minister
has part: 19(5) Delegations by the Minister
proposed by: legis2cml
realized by: sec-19
schema version: 2

19(1) Delegations by the Minister
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.14
note: The Minister may delegate powers or functions to an eligible delegate.
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-1-norm
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-19-ss-1
schema version: 2
part of: 19 Delegations by the Minister

australian-business-securitisation-fund-act-2019-sec-19-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Permission granted by the Minister.
modality: Deontic
operator: may

19(2) Delegations by the Minister
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.14
note: Definition of an eligible delegate
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-2-norm
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-2-logic-alleninterval-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-19-ss-2
schema version: 2
part of: 19 Delegations by the Minister

australian-business-securitisation-fund-act-2019-sec-19-ss-2-logic-alleninterval-1
type: LogicApplication
conclusion text: during SES employment or Executive Level 2 position
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Temporal relation
modality: AllenInterval
operator: during
premise text: (2) An eligible delegate is an official of the Department of the Treasury...

australian-business-securitisation-fund-act-2019-sec-19-ss-2-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 19(2) Delegations by the Minister

19(3) Delegations by the Minister
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.14
note: Minister must consider qualifications before delegating power or function.
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-3-norm
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-3-logic-deontic-1
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-3-logic-deontic-2
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-3-logic-deontic-3
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-3-logic-alleninterval-4
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-3-logic-ltl-5
curation status: Proposed
proposed by: legis2cml
realized by: sec-19-ss-3
schema version: 2
part of: 19 Delegations by the Minister

australian-business-securitisation-fund-act-2019-sec-19-ss-3-logic-alleninterval-4
type: LogicApplication
confidence: 0.5000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Delegation of power or function is within a specific time frame.
modality: AllenInterval
operator: BETWEEN
premise text: (3) Before delegating a power or function under subsection (1), the Minister must have regard to:

australian-business-securitisation-fund-act-2019-sec-19-ss-3-logic-deontic-1
type: LogicApplication
confidence: 0.5000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Minister must consider qualifications before delegating power or function.
modality: Deontic
operator: MUST
premise text: (3) Before delegating a power or function under subsection (1), the Minister must have regard to:

australian-business-securitisation-fund-act-2019-sec-19-ss-3-logic-deontic-2
type: LogicApplication
confidence: 0.5000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Minister must consider qualifications before delegating power or function.
modality: Deontic
operator: MUST
premise text: (a) if the power or function is to be delegated to a person holding, occupying, or performing the duties of, a specified office or position—whether the office or position is sufficiently senior for the person to exercise the power or perform the function or duty;

australian-business-securitisation-fund-act-2019-sec-19-ss-3-logic-deontic-3
type: LogicApplication
confidence: 0.5000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Minister must consider qualifications before delegating power or function.
modality: Deontic
operator: MUST
premise text: (b) otherwise—whether the person has appropriate qualifications or expertise to exercise the power or perform the function.

australian-business-securitisation-fund-act-2019-sec-19-ss-3-logic-ltl-5
type: LogicApplication
confidence: 0.5000
curation status: Proposed
execution surface: modalities::temporal_ltl
logic summary: Delegation of power or function is within a specific time frame.
modality: LTL
operator: BETWEEN
premise text: (3) Before delegating a power or function under subsection (1), the Minister must have regard to:

19(4) Delegations by the Minister
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.14
note: Comply with written directions of the Minister when exercising delegated powers or performing functions.
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-4-norm
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-4-logic-deontic-1
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-4-logic-deontic-2
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-4-logic-alleninterval-3
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-4-logic-argumentation-4
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-4-logic-diffusion-5
curation status: Proposed
proposed by: legis2cml
realized by: sec-19-ss-4
schema version: 2
part of: 19 Delegations by the Minister

australian-business-securitisation-fund-act-2019-sec-19-ss-4-logic-alleninterval-3
type: LogicApplication
conclusion text: must comply with any written directions of the Minister.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Compliance with Minister's directions overlaps with delegated powers or functions.
modality: AllenInterval
operator: Overlaps
premise text: (4) A person exercising powers or performing functions under a delegation...

australian-business-securitisation-fund-act-2019-sec-19-ss-4-logic-argumentation-4
type: LogicApplication
conclusion text: must comply with any written directions of the Minister.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::argumentation
logic summary: Minister's direction implies compliance as a necessary condition.
modality: Argumentation
operator: Implication
premise text: (4) A person exercising powers or performing functions under a delegation...

australian-business-securitisation-fund-act-2019-sec-19-ss-4-logic-deontic-1
type: LogicApplication
conclusion text: must comply with any written directions of the Minister.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Mandatory compliance with Minister's directions.
modality: Deontic
operator: Must
premise text: (4) A person exercising powers or performing functions under a delegation...

australian-business-securitisation-fund-act-2019-sec-19-ss-4-logic-deontic-2
type: LogicApplication
conclusion text: must comply with any written directions of the Minister.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Minister's direction is an obligation on delegated agents.
modality: Deontic
operator: Obligation
premise text: (4) A person exercising powers or performing functions under a delegation...

australian-business-securitisation-fund-act-2019-sec-19-ss-4-logic-diffusion-5
type: LogicApplication
conclusion text: must comply with any written directions of the Minister.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::diffusion
logic summary: Compliance with Minister's directions propagates to delegated agents.
modality: Diffusion
operator: Propagation
premise text: (4) A person exercising powers or performing functions under a delegation...

australian-business-securitisation-fund-act-2019-sec-19-ss-4-norm
type: Obligation
scope note: borne by: Agent
curation status: Proposed
modality: Deontic
borne by: Agent
deontic status: HeuristicDerived
part of: 19(4) Delegations by the Minister

19(5) Delegations by the Minister
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.14
note: Must not be inconsistent with the Act or a legislative instrument.
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-5-norm
asserts: australian-business-securitisation-fund-act-2019-sec-19-ss-5-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-19-ss-5
schema version: 2
part of: 19 Delegations by the Minister

australian-business-securitisation-fund-act-2019-sec-19-ss-5-logic-deontic-1
type: LogicApplication
conclusion text: Inconsistent with the Act or a legislative instrument
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must not be inconsistent
modality: Deontic
operator: Necessity
premise text: Direction under subsection (4)

2 Commencement
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.6
note: Commencement rules for provisions in the Act.
asserts: australian-business-securitisation-fund-act-2019-sec-2-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-2
schema version: 2

20 Annual report
type: Concept
description: Report on operation of Act
source: australian-business-securitisation-fund-act-2019.pdf, p.15
note: Annual report must include operation of Act during period.
asserts: australian-business-securitisation-fund-act-2019-sec-20-norm
asserts: australian-business-securitisation-fund-act-2019-sec-20-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-20
schema version: 2

australian-business-securitisation-fund-act-2019-sec-20-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Obligation to provide report
modality: Deontic
operator: MUST

australian-business-securitisation-fund-act-2019-sec-20-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 20 Annual report

21 Review of operation of this Act
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.15
curation status: Proposed
has part: 21(1) Review of operation of this Act
has part: 21(2) Review of operation of this Act
proposed by: legis2cml
realized by: sec-21
schema version: 2

21(1) Review of operation of this Act
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.15
note: Review of operation of this Act to be undertaken at specified intervals.
asserts: australian-business-securitisation-fund-act-2019-sec-21-ss-1-norm
asserts: australian-business-securitisation-fund-act-2019-sec-21-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-21-ss-1
schema version: 2
part of: 21 Review of operation of this Act

australian-business-securitisation-fund-act-2019-sec-21-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Obligation to review operation of Act.
modality: Deontic
operator: MUST
premise text: (1) The Minister must cause a review...

21(2) Review of operation of this Act
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.15
note: Review must include effectiveness of Act in meeting objectives.
asserts: australian-business-securitisation-fund-act-2019-sec-21-ss-2-norm
asserts: australian-business-securitisation-fund-act-2019-sec-21-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-21-ss-2
schema version: 2
part of: 21 Review of operation of this Act

australian-business-securitisation-fund-act-2019-sec-21-ss-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Obligation to review effectiveness
modality: Deontic
operator: MUST

australian-business-securitisation-fund-act-2019-sec-21-ss-2-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 21(2) Review of operation of this Act

22 Rules
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.16
curation status: Proposed
has part: 22(1) Rules
has part: 22(2) Rules
proposed by: legis2cml
realized by: sec-22
schema version: 2

22(1) Rules
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.16
note: The Minister may make rules by legislative instrument.
asserts: australian-business-securitisation-fund-act-2019-sec-22-ss-1-norm
asserts: australian-business-securitisation-fund-act-2019-sec-22-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-22-ss-1
schema version: 2
part of: 22 Rules

australian-business-securitisation-fund-act-2019-sec-22-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Expresses permission or obligation.
modality: Deontic
operator: may

22(2) Rules
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.16
note: Rules cannot create an offence or civil penalty, provide powers of arrest or detention, entry, search or seizure, impose a tax, set an amount to be appropriated from the Consolidated Revenue Fund, or directly amend the text of this Act.
asserts: australian-business-securitisation-fund-act-2019-sec-22-ss-2-norm
asserts: australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-1
asserts: australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-2
asserts: australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-3
asserts: australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-4
asserts: australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-5
asserts: australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-6
curation status: Proposed
proposed by: legis2cml
realized by: sec-22-ss-2
schema version: 2
part of: 22 Rules

australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-1
type: LogicApplication
conclusion text: An offence or civil penalty cannot be created by the rules
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition on creating an offence or civil penalty
modality: Deontic
operator: cannot
premise text: Rules may not create an offence or civil penalty

australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-2
type: LogicApplication
conclusion text: Arrest or detention cannot be provided by the rules
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition on providing powers of arrest or detention
modality: Deontic
operator: cannot
premise text: Rules may not provide powers of arrest or detention

australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-3
type: LogicApplication
conclusion text: Entry, search or seizure cannot be provided by the rules
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition on providing powers of entry, search or seizure
modality: Deontic
operator: cannot
premise text: Rules may not provide powers of entry, search or seizure

australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-4
type: LogicApplication
conclusion text: A tax cannot be imposed by the rules
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition on imposing a tax
modality: Deontic
operator: cannot
premise text: Rules may not impose a tax

australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-5
type: LogicApplication
conclusion text: An amount to be appropriated from the Consolidated Revenue Fund cannot be set by the rules
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition on setting an amount to be appropriated from the Consolidated Revenue Fund
modality: Deontic
operator: cannot
premise text: Rules may not set an amount to be appropriated from the Consolidated Revenue Fund

australian-business-securitisation-fund-act-2019-sec-22-ss-2-logic-deontic-6
type: LogicApplication
conclusion text: The text of this Act cannot be directly amended by the rules
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition on directly amending the text of this Act
modality: Deontic
operator: cannot
premise text: Rules may not directly amend the text of this Act

3 Objects of this Act
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.6
note: Increase availability and reduce cost of credit for small and medium enterprises.
asserts: australian-business-securitisation-fund-act-2019-sec-3-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-3
schema version: 2

australian-business-securitisation-fund-act-2019-sec-3-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 3 Objects of this Act

4 Simplified outline of this Act
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.6
note: The Minister must make investment decisions for the Fund in accordance with directions given by the Minister.
asserts: australian-business-securitisation-fund-act-2019-sec-4-norm
asserts: australian-business-securitisation-fund-act-2019-sec-4-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-4
schema version: 2

australian-business-securitisation-fund-act-2019-sec-4-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: The Minister must make investment decisions.
modality: Deontic
operator: MUST

australian-business-securitisation-fund-act-2019-sec-4-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 4 Simplified outline of this Act

5 Definitions
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.7
note: Definitions for the Act
asserts: australian-business-securitisation-fund-act-2019-sec-5-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-5
schema version: 2

6 April 2019
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.6
note: Note on table limitations
asserts: australian-business-securitisation-fund-act-2019-sec-6-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-6
schema version: 2

6 Crown to be bound
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.8
curation status: Proposed
has part: 6(1) Crown to be bound
has part: 6(2) Crown to be bound
proposed by: legis2cml
realized by: sec-6-2
schema version: 2

6(1) Crown to be bound
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.8
note: The Crown is bound by this Act.
asserts: australian-business-securitisation-fund-act-2019-sec-6-2-ss-1-norm
asserts: australian-business-securitisation-fund-act-2019-sec-6-2-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-6-2-ss-1
schema version: 2
part of: 6 Crown to be bound

australian-business-securitisation-fund-act-2019-sec-6-2-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: The Crown has an obligation to comply.
modality: Deontic
operator: Obligation
premise text: (1) This Act binds the Crown in each of its capacities.

6(2) Crown to be bound
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.8
note: The Crown is not liable to be prosecuted for an offence.
asserts: australian-business-securitisation-fund-act-2019-sec-6-2-ss-2-norm
asserts: australian-business-securitisation-fund-act-2019-sec-6-2-ss-2-logic-deontic-1
asserts: australian-business-securitisation-fund-act-2019-sec-6-2-ss-2-logic-deontic-2
asserts: australian-business-securitisation-fund-act-2019-sec-6-2-ss-2-logic-linearlogic-3
asserts: australian-business-securitisation-fund-act-2019-sec-6-2-ss-2-logic-alleninterval-4
curation status: Proposed
proposed by: legis2cml
realized by: sec-6-2-ss-2
schema version: 2
part of: 6 Crown to be bound

australian-business-securitisation-fund-act-2019-sec-6-2-ss-2-logic-alleninterval-4
type: LogicApplication
conclusion text: The Crown is not liable to be prosecuted for an offence.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Temporal scope of prohibition
modality: AllenInterval
operator: during
premise text: This Act does not make the Crown liable to be prosecuted for an offence.

australian-business-securitisation-fund-act-2019-sec-6-2-ss-2-logic-deontic-1
type: LogicApplication
conclusion text: The Crown is not liable to be prosecuted for an offence.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Negative obligation
modality: Deontic
operator: not
premise text: The Act does not make the Crown liable to be prosecuted for an offence.

australian-business-securitisation-fund-act-2019-sec-6-2-ss-2-logic-deontic-2
type: LogicApplication
conclusion text: The Crown is not liable to be prosecuted for an offence.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Negative prohibition
modality: Deontic
operator: not
premise text: This Act does not make the Crown liable to be prosecuted for an offence.

australian-business-securitisation-fund-act-2019-sec-6-2-ss-2-logic-linearlogic-3
type: LogicApplication
conclusion text: The Crown is not liable to be prosecuted for an offence.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::linear
logic summary: Negative obligation
modality: LinearLogic
operator: ¬
premise text: This Act does not make the Crown liable to be prosecuted for an offence.

7 Extension to external Territories
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.8
note: The Act extends to every external Territory.
asserts: australian-business-securitisation-fund-act-2019-sec-7-norm
asserts: australian-business-securitisation-fund-act-2019-sec-7-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sec-7
schema version: 2

australian-business-securitisation-fund-act-2019-sec-7-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Holds true
modality: Deontic
operator: holds

australian-business-securitisation-fund-act-2019-sec-7-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 7 Extension to external Territories

8 Extra-territorial application
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.8
note: Act extends to acts, omissions, matters and things outside Australia.
asserts: australian-business-securitisation-fund-act-2019-sec-8-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-8
schema version: 2

9 Simplified outline of this Part
type: Concept
source: australian-business-securitisation-fund-act-2019.pdf, p.9
note: The Minister must determine certain amounts for the Fund.
asserts: australian-business-securitisation-fund-act-2019-sec-9-norm
asserts: australian-business-securitisation-fund-act-2019-sec-9-logic-deontic-1
asserts: australian-business-securitisation-fund-act-2019-sec-9-logic-deontic-2
asserts: australian-business-securitisation-fund-act-2019-sec-9-logic-deontic-3
asserts: australian-business-securitisation-fund-act-2019-sec-9-logic-deontic-4
asserts: australian-business-securitisation-fund-act-2019-sec-9-logic-deontic-5
curation status: Proposed
proposed by: legis2cml
realized by: sec-9
schema version: 2

australian-business-securitisation-fund-act-2019-sec-9-logic-deontic-1
type: LogicApplication
conclusion text: The Minister MUST determine certain amounts for the Fund.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must provide
modality: Deontic
operator: MUST
premise text: The Minister may also, with the agreement of the Finance Minister, determine that additional amounts be credited to the Fund.

australian-business-securitisation-fund-act-2019-sec-9-logic-deontic-2
type: LogicApplication
conclusion text: The Minister MUST determine that the balance of the Account be reduced.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must provide
modality: Deontic
operator: MUST
premise text: Amounts may be debited from the Account for the purposes of the Account, which include paying the costs of making investments.

australian-business-securitisation-fund-act-2019-sec-9-logic-deontic-3
type: LogicApplication
conclusion text: The Minister MUST determine that additional amounts be credited to the Fund.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must provide
modality: Deontic
operator: MUST
premise text: A total of $2 billion must be credited to the Account, with an initial amount of $250 million credited on 1 July 2019 and additional amounts credited on each 1 July for the following 4 years.

australian-business-securitisation-fund-act-2019-sec-9-logic-deontic-4
type: LogicApplication
conclusion text: The Minister MUST determine that the investments of the Fund meet certain requirements.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must provide
modality: Deontic
operator: MUST
premise text: The investments of the Fund must be debt securities that meet certain requirements and the investments must be made in accordance with any directions given by the Minister.

australian-business-securitisation-fund-act-2019-sec-9-logic-deontic-5
type: LogicApplication
conclusion text: The Minister MUST determine that additional amounts be credited to the Fund.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must provide
modality: Deontic
operator: MUST
premise text: The Minister may also, with the agreement of the Finance Minister, determine that additional amounts be credited to the Fund.

australian-business-securitisation-fund-act-2019-sec-9-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 9 Simplified outline of this Part

Australian Business Securitisation Fund Act 2019
type: Document
description: An Act to establish the Australian Business Securitisation Fund, and for related purposes
identifier: No. 46 of 2019
curation status: Proposed
proposed by: legis2cml
category: AU