7
CurrentArrangements with financial organisations
Part 2New South Wales Rural Assistance Authority
Division 2General functions of the Authority
7 Arrangements with financial organisations
(1)
The Authority may authorise a bank, building society or credit union to carry out any of the following functions—
(a)
the lodging of applications for assistance,
(b)
the payment of money by, or to, the Authority,
(c)
the execution of documents on behalf of the Authority,
(d)
the transaction of any business or the doing of any act (other than the determination of applications for assistance) that the Authority is authorised or required to transact or do in the exercise of its functions.
(2)
The Authority may appoint agents, and act as agent for other persons.
This Act’s bill:Explanatory memorandum
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