Commonwealth Numbered Acts

STATES GRANTS (CAPITAL ASSISTANCE) ACT 1974 No. 106, 1974 - SECT 6

6. (1) Subject to sub-section (2), the Treasurer may, during the period
commencing on the date of commencement of this Act and ending on 31 December
1975, in accordance with the provisions of the Commonwealth Inscribed Stock
Act 1911-1973, or in accordance with the provisions of an Act authorizing the
issue of Treasury Bills, borrow moneys not exceeding in the aggregate
$489,927,000.

(2) The aggregate amount of moneys that may be borrowed under sub-section (1)
is reduced by the sum of the moneys (if any) borrowed by the Treasurer in
accordance with sub-section 6 (1) of the States Grants (Capital Assistance) 
Act 1973 for the purpose of making payments to the States in accordance with
section 4 of that Act.