4R
In forceBorrowing from Treasurer
Part 1BFinances of Authority
4R Borrowing from Treasurer
The Treasurer may lend to the Authority, out of money provided by Parliament for the purpose, such money as the Treasurer considers appropriate.
A loan is subject to conditions determined by the Treasurer.
An amount lent under subsection (1), and any interest or other charge payable in respect of the loan, is a debt repayable by the Authority into the Public Account.
This Act’s bill:Explanatory notesSecond reading speech
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.