Victorian Current Acts

STATE BANK (SUCCESSION OF COMMONWEALTH BANK) ACT 1990 - SECT 35

    (1)     At the request of a Tricontinental company, the Treasurer, on behalf of the Government of Victoria, by instrument on such terms and conditions (including payment of fees) as the Treasurer determines—

        (a)     may guarantee, indemnify or otherwise support the performance, satisfaction or discharge of obligations or liabilities of the Tricontinental company; and

        (b)     may assume any obligation or liability of the Tricontinental company.

    (2)     In subsection (1), "Tricontinental company" means Tricontinental Holdings Limited or a subsidiary.