Western Australian Current Acts

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WESTERN AUSTRALIAN TREASURY CORPORATION ACT 1986 - SECT 12

12 .         Advances to Corporation from Treasurer

        (1)         The Corporation may borrow from the Treasurer advances of such amounts and for such reasons as the Treasurer approves on such terms and conditions as the Treasurer imposes.

        (2)         When an advance is made under subsection (1), the Corporation shall —

            (a)         repay the amount of the advance; and

            (b)         pay interest,

                in accordance with the terms and conditions imposed under that subsection and shall comply with any other terms and conditions so imposed.


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