Go to top of page

NOTE 16: NEW HOUSING FUND (CONTINUED)

Table showing write down and impairment of assets, Receivables and Cash flow reconciliation for New Housing Fund. As per section 181 (3) of the Aboriginal and Torres Strait Islander Act 2005 (ATSIC Act) money held in the New Housing Fund may only be applied to make housing loans. Section 189 (2) of the ATSIC Act requires specific information on the New Housing Fund's operations and financial position, as disclosed below.