Victorian Current Acts Victorian Current Acts(1) The Authority may obtain financial accommodation subject to and in accordance with the Borrowing and Investment Powers Act 1987 .
(2) The payment of amounts payable as a result of or in connection with financial accommodation obtained by the Authority (including the expenses of enforcement) are secured as a first charge on the property and revenue of the Authority.
(3) The amounts secured under subsection (2) include amounts (and interest) borrowed by the Authority before the commencement of section 13 of the Borrowing and Investment Powers (Amendment) Act 1993 .
S. 82A inserted by No. 45/1986 s. 9, amended by No. 99/1993 s. 14(a)(b).