s 5
In forceIssue of promissory notes
5 Issue of promissory notes
(1)
The Treasurer may, on behalf of Australia, make promissory notes and issue them to an international body specified in column 1 of an item in the table in section 4, for the purposes of making any payment required to be made by Australia in accordance with an agreement specified in column 2 of the item.
(2)
A promissory note made under subsection (1) is to be:
(a)
non‑negotiable; and
(b)
non‑interest‑bearing; and
(c)
payable at par value upon demand.
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