Australian Capital Territory Numbered Acts

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TERRITORY OWNED CORPORATIONS ACT 1990 (NO. 53 OF 1990) - SECT 28

Guarantee by Territory

28. The Territory may guarantee, in such manner and on such conditions as the Treasurer thinks fit—

        (a)     the repayment of the principal of, and the payment of interest on, any sum that a Territory owned corporation or subsidiary borrows; and

        (b)     the performance by a Territory owned corporation or a subsidiary of a function or of an obligation under a contract.

Territory taxes



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