Western Australian Current Acts

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WESTERN AUSTRALIAN TREASURY CORPORATION ACT 1986 - SECT 15

15 .         Borrowers to pay certain amounts to Corporation

        (1)         Each borrower of moneys lent under section 14(2) shall repay the amount of those moneys, and pay interest thereon, to the Corporation or to such other person as the Corporation directs in accordance with the terms and conditions of that lending, and pay to the Corporation any fees required to be paid under that section in connection with that lending in accordance with that requirement.

        (2)         The Corporation shall credit to the Account all amounts, interest and fees repaid or paid to it under subsection (1) or under any agreement entered into by the Corporation under section 10(4).



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