AustLII Tasmanian Numbered Regulations

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RETIREMENT BENEFITS REGULATIONS 2005 (S.R. 2005, NO. 77) - REG 24

Power of Board to borrow

(1)  The Board may request a loan of money from the Minister to make any payment that it is required to make under these regulations and the Minister may, out of money available to him or her, lend to the Board the money so requested or any part of that money that the Minister determines.
(2)  The Minister must not lend money to the Board for a period exceeding one month.
(3)  The Board must pay to the Minister interest on any money lent to it under this regulation at any rate that the Minister determines.



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