Western Australian Current Acts

RACING AND WAGERING WESTERN AUSTRALIA ACT 2003 - SECT 100

100 .         Guarantees

        (1)         The Treasurer, with the Minister’s concurrence may, in the name and on behalf of the State, guarantee the performance by RWWA, in the State or elsewhere, of any financial obligation of RWWA arising under section 97.

        (2)         A guarantee is to be in such form and subject to such terms and conditions as the Treasurer determines.

        (3)         The due payment of moneys payable by the Treasurer under a guarantee —

            (a)         is by this subsection guaranteed by the State; and

            (b)         is to be made by the Treasurer and charged to the Consolidated Account, and this subsection appropriates that Account accordingly.

        (4)         The Treasurer is to cause any amounts received or recovered from RWWA or otherwise in respect of any payment made by the Treasurer under a guarantee to be credited to the Consolidated Account.

        [Section 100 amended: No. 77 of 2006 s. 4 and 5(1).]