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BUDGET: No additional funding for FSLAA implementation

Thursday 30th of May 2019

It is allocated $36 million for operating costs and another $2 million for its litigation fund and this is unchanged from last year.

“The single overarching purpose of this ($36 mill) appropriation is to support well-functioning financial markets through the activities of the Financial Markets Authority,” Budget documents say.

Of this $36 million, $16.07 million is e...

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