Victorian Current Acts

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COUNTRY FIRE AUTHORITY ACT 1958 - SECT 82A

Guarantee of debentures etc. of Authority

    (1)     The due repayment of the principal and the payment of the interest secured by any debentures issued by the Authority in accordance with section 82 as in force immediately before the commencement of section 14 of the Borrowing and Investment Powers (Amendment) Act 1993 , and the due repayment of any overdraft obtained by the Authority in accordance with that section as so in force, and the payment of interest on any such overdraft, is guaranteed by the Government of Victoria.

    (2)     Money required by the Treasurer of Victoria for fulfilling any such guarantee shall be paid out of the Consolidated Fund, which is hereby to the necessary extent appropriated accordingly.

    (3)     When sufficient money becomes properly available to it, including money received under section 83, the Authority must reimburse the Treasurer for any such payment, and the Treasurer must pay into the Consolidated Fund any money so reimbursed.

Nos 5040
s. 59, 5512 s. 4(1)(e).



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