Power of Treasurer to authorise variable interest rates

Current

Despite any other provision of this Act, the Treasurer may, by instrument in writing and subject to the terms and conditions, if any, specified in the instrument, authorise Homes Tasmania, or another person, to provide for the payment of interest in a mortgage under this Act at a rate which may be varied from time to time at the discretion of Homes Tasmania.

This Act’s bill:Explanatory notes Second reading speech

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86 Power of Treasurer to authorise variable interest rates