Powers of Treasurer in relation to borrowings outside Australia
5A Powers of Treasurer in relation to borrowings outside Australia
Where the Treasurer is authorised to borrow money outside Australia, the Treasurer may, for the purposes of the borrowing:
enter into agreements with banks or other financial institutions;
enter into fiscal agency agreements;
in relation to the issue of any stock or security:
issue information memoranda in relation to the stock or security; and
issue any document necessary for the listing of the stock or security on any stock exchange or security market; and
take any action (including the signing of any document) required or permitted to be taken by or on behalf of the Commonwealth:
under any agreement referred to in paragraph (a) or (b) or following the issue of a document under paragraph (c); or
for any purpose relating to the borrowing.
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