South Australian Repealed Acts South Australian Repealed ActsThis legislation has been repealed.
16—Conditions as to raising of capital
The Treasurer may, in consideration of the giving of a guarantee under section 14
in respect of a loan, require the principal debtor to agree that—
(a) the
Treasurer, if at any time satisfied that the business in connection with which
the guarantee is given is satisfactorily established, may request the
principal debtor to take such reasonable steps as the Treasurer directs for
raising capital to repay the loan; and
(b) the
principal debtor will take such steps accordingly.