Borrowing and Investment Powers Act 1987

arrangement means any agreement, arrangement, understanding, promise or undertaking whether express or implied or any transaction;

Australia means the Commonwealth of Australia and includes the territories of the Commonwealth;

S. 3(1) def. of authorised deposit-taking institution inserted by No. 11/2001 s. 3(Sch. item 7.1(a)).

authorised deposit-taking institution has the same meaning as in the Banking Act 1959 of the Commonwealth;

S. 3(1) def. of authority amended by Nos 99/1993 s. 5, 100/1995 s. 4(1), substituted by No. 23/2022 s. 3.

authority means a person or body that is prescribed;

S. 3(1) def. of bank amended by No. 99/1993 s. 9, repealed by No. 11/2001 s. 3(Sch. item 7.1(b)).

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financial accommodation means a financial benefit or assistance to obtain a financial benefit arising from or as a result of—

S. 3(1) def. of financial arrangement substituted by No. 100/1995 s. 4(3).

financial arrangement means an arrangement establishing rights and obligations to receive or deliver property the value of which, or to receive or make a payment in an amount which, or the value of which—

S. 3(1) def. of invest amended by No. 56/2016 s. 14.

invest includes acquisition, sale or divestment of an investment and entering into a transaction or arrangement for the protection or enhancement of investments;

lease means—

prescribed means prescribed by the regulations;

S. 3(1) def. of property inserted by No. 100/1995 s. 4(2).

property means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description;

security includes inscribed stock and debenture, bond, debenture stock, notes or any other document creating, evidencing or acknowledging indebtedness in respect of financial accommodation whether constituting a charge on property of an authority or not.

S. 3A inserted by No. 99/1993 s. 6, substituted by No. 23/2022 s. 4.