South Australian Numbered Regulations

PUBLIC CORPORATIONS (DISTRIBUTION LESSOR CORPORATION) VARIATION REGULATIONS 2011 (NO 281 OF 2011) - REG 16

16—Variation of regulation 20—Loans, borrowings etc require approval

Section 20—after subsection (2) insert:

        (3)         The subsidiary may only, unless authorised otherwise by the Treasurer, deposit or invest money under its control with the Treasurer or SAFA.