Summary

Amends: the

to: rename the Emergency Response Fund as the Disaster Ready Fund; change the title of the Act to the ; enable up to $200 million per financial year to be debited from the Disaster Ready Fund for natural disaster resilience and risk reduction; enable the minister to adjust the maximum disbursement amount by legislative instrument; transfer responsibility for fund expenditure to the National Emergency Management Agency; amend certain administrative arrangements in relation to transfers from the fund; and six Acts to make consequential amendments. Also enables the responsible ministers to make specified consequential amendments to the by legislative instrument.