Summary

Introduced with the Medical Research Future Fund Bill 2015 to establish the Medical Research Future Fund (MRFF) to support medical research and medical innovation from 1 August 2015, the bill amends: the

to enable grants to the states and territories through the COAG Reform Fund; the , and to allow for amounts to be transferred between the MRFF and the Future Fund to allow for proper apportioning of common expenses incurred by the Future Fund Board in managing the MRFF, the Future Fund, the Nation-building Funds and the DisabilityCare Australia Fund Special Account; the to extend the Future Fund Board’s duties to manage the MRFF; the to abolish the Health and Hospitals Fund (HHF); five Acts to make amendments consequential on the abolition of the HHF; and the proposed to make amendments consequential on the .