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WESTERN AUSTRALIAN TREASURY CORPORATION ACT 1986 - SECT 20

20 .         Directions by Minister

        (1)         The Minister may give directions in writing to the Corporation in relation to the exercise of the powers, or of any specified power, conferred on the Corporation by Part III, including a direction that the Corporation shall not exercise such a power without the prior approval in writing of the Minister, and the Corporation shall give effect to any such direction.

        (2)         The approval in writing referred to in subsection (1) may be given on, or subject to, such terms and conditions as the Minister thinks fit.

        (3)         The text of any direction given under subsection (1) shall be included in the annual report submitted by the accountable authority of the Corporation under Part 5 of the Financial Management Act 2006 .

        (4)         Subsection (1) has effect subject to the Statutory Corporations (Liability of Directors) Act 1996 .

        [Section 20 amended: No. 24 of 1992 s. 11; No. 25 of 1998 s. 22; No. 28 of 2006 s. 450; No. 77 of 2006 Sch. 1 cl. 186(1).]



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