Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) The Corporation must not enter into a contract for any of the following without the Treasurer's approval:
(a) borrowing of money by the Corporation;
(b) lending of money by the Corporation;
(c) raising of money, otherwise than by borrowing, by the Corporation in a manner that is not specified for subsection (2);
(d) investing the Corporation's money, otherwise than by lending, in a class of investment that is not specified for subsection (2).
(2) The Treasurer may in writing specify:
(a) a manner of raising money for which the Treasurer's approval is not required; and
(b) a class of investment for which the Treasurer's approval is not required.