Guarantee of debentures of Fire Rescue Victoria
47A Guarantee of debentures of Fire Rescue Victoria
S. 47A(1) amended by Nos 99/1993 s. 18(a)(b), 20/2019 s. 98.
The due repayment of the principal and the payment of the interest secured by any debentures issued by Fire Rescue Victoria before the commencement of section 18 of the Borrowing and Investment Powers (Amendment) Act 1993 in accordance with section 46, and the due repayment of any overdraft obtained by Fire Rescue Victoria in accordance with that section as so in force, and the payment of interest on any such overdraft, is guaranteed by the Government of Victoria.
Money required by the Treasurer of Victoria for fulfilling any such guarantee shall be paid out of the Consolidated Fund, which is hereby to the necessary extent appropriated accordingly.
S. 47A(3) amended by No. 20/2019 s. 98.
When sufficient money becomes properly available to it, including money received under section 47, Fire Rescue Victoria must reimburse the Treasurer for any such payment, and the Treasurer must pay into the Consolidated Fund any money so reimbursed.
S. 48 repealed by No. 50/1989 s. 29(2).
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Heading preceding s. 49 repealed by No. 10149 s. 25(c).
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S. 49 amended by No. 9928 s. 10(2)(c) (i)–(vi), repealed by No. 99/1993 s. 18(c).
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S. 50 amended by Nos 9727 s. 4(a)(b), 29/1988 s. 57(13), repealed by No. 94/1990 s. 40(10).
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S. 51 (Heading) inserted by No. 20/2019 s. 143(2)(j).
Nos 4519 s. 4, 5040 s. 18.
S. 51 substituted by No. 43/1987 s. 10(3), amended by No. 20/2019 s. 99.
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