Financial arrangements
31 Financial arrangements
In this section – financial arrangement means – an interest rate swap; and a forward interest rate agreement; and a futures contract or futures option, within the meaning of the Corporations Act, relating to an interest rate or a foreign currency; and an option in respect of an existing financial security or a security which Homes Tasmania has authority to create; and any other transaction or arrangement that has been approved by the Treasurer in writing for the purposes of this section.
Homes Tasmania may enter into and perform a financial arrangement in accordance with any guidelines in force under subsection (3).
The Treasurer may issue guidelines relating to financial arrangements or the exercise of the power of Homes Tasmania to enter into and perform financial arrangements.
This Act’s bill:Explanatory notesSecond reading speech
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