Australian Capital Territory Current Acts

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FINANCIAL MANAGEMENT ACT 1996 - SECT 40

Treasurer may borrow on behalf of Territory

The Treasurer may, on behalf of the Territory, if necessary or expedient in the public interest to do so—

        (a)     borrow money; or

        (b)     give security for the repayment of an amount borrowed or the payment of interest on an amount borrowed; or

        (c)     enter into a financing lease.



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