28A
In forceGuarantees by corporation
Part 4Borrowing
28A Guarantees by corporation
(1)
A territory-owned corporation or subsidiary must not give a guarantee for the payment of money or the performance of an obligation without the Treasurer’s prior written approval.
(2)
An approval may be subject to conditions stated in the approval.
This Act’s bill:Explanatory statement
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.