s 4S
In forceBorrowing from person other than Treasurer
Part 1BFinances of Authority
4S Borrowing from person other than Treasurer
The Authority may borrow money from a person or body other than the Treasurer for the purposes of performing its functions and achieving its objectives.
The total of all amounts of money borrowed under this section during a financial year must not exceed the maximum amount determined by the Treasurer, in writing, in respect of that financial year.
The Authority may use all or part of its assets as security for money borrowed by it under subsection (1) and any interest or charges payable in respect of that borrowing.
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