|Description of this AgencyDescription of this Agency|
In 1977 the Rural Finance and Settlement Commission became the Rural Finance Commission (VA 2273) and continued responsibility for administration of soldier settlement legislation. In 1983 the Rural Finance Commission became the responsibility of the Minister for Agriculture (VRG 34).
The Commission's functions included the administration of the remaining purchase leases, mortgages, contracts of sale and other interests created under the Land Settlement Act 1959 (No.6534) and the Soldier Settlement Act 1958 (No.6373).
The Commission was succeeded by the Rural Finance Corporation (VA 2985) on 1 July 1988, which was established under the Rural Finance Act 1988 (No. 44).