Western Australian Current Acts

WESTERN AUSTRALIAN TREASURY CORPORATION ACT 1986 - SECT 11

11 .         Payment of debts incurred by Corporation

                The Corporation shall, subject to this Act, pay —

            (a)         the debt incurred as a result of the borrowing of moneys by the Corporation; and

            (b)         any amount, other than the debt referred to in paragraph (a), required to be paid by the Corporation by the terms and conditions on which it borrowed the moneys concerned,

                out of moneys credited to the Account.