Victorian Current Acts Victorian Current ActsS. 20(1) amended by No. 26/1987 s. 21, substituted by No. 99/1993 s. 16(1), amended by No. 40/2022 s. 33(2).
(1) Homes Victoria may obtain financial accommodation subject to and in accordance with the Borrowing and Investment Powers Act 1987 [1] .
S. 20(2) repealed by No. 99/1993 s. 16(1). [2]
* * * * *
S. 20(3) inserted by No. 26/1987 s. 6, amended by Nos 99/1993 s. 16(2), 40/2022 s. 33(3).
(3) Without limiting the generality of subsection (1), Homes Victoria may [3] —
S. 20(3)(a) amended by No. 40/2022 s. 33(3).
(a) contract with a corporation that is declared to be a recognised institution under section 3A(4) of the Trustee Act 1958 , in respect of mortgages in which Homes Victoria has an interest; and
(b) for the purpose of performing or facilitating the performance of such a contract, enter into any other contract or arrangement with any person.
S. 21 amended by No. 40/2022 s. 33(4).