Guarantees
36C Guarantees
The Treasurer, on the Minister’s recommendation, may, in the name and on behalf of the State, guarantee the performance by the health service provider, in the State or elsewhere, of any financial obligation of the health service provider arising under section 36B.
A guarantee must be in the form, and subject to the terms and conditions, determined by the Treasurer.
The due payment of money payable by the Treasurer under a guarantee must be charged to the Consolidated Account, which this subsection appropriates accordingly.
The Treasurer is to cause any amounts received or recovered, from the health service provider or otherwise, in respect of any payment made by the Treasurer under a guarantee to be credited to the Consolidated Account.
[Section 36C inserted: No. 1 of 2023 s. 20.]
This Act’s bill:Explanatory memorandumSecond reading speech
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