Commonwealth Numbered Acts

LOAN ACT 1992 No. 125, 1992 - SECT 4

4.(1) The Treasurer may, from time to time during the current financial year,
borrow money that, together with any money previously borrowed under this
subsection during that financial year, does not exceed the sum of:

   (a)  the total of the amounts authorised to be expended after the
        commencement of this Act and before the end of that financial year for
        defence services for that financial year; and

   (b)  the expenses of borrowing.

(2) Money may be borrowed under subsection (1) in accordance with:

   (a)  the Commonwealth Inscribed Stock Act 1911; or

   (b)  the Loans Securities Act 1919; or

   (c)  an Act authorising the issue of Treasury Bills; and not otherwise.