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Section 66 - Airports (Transitional) Act 1996 - Simplified outline — Zoe

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Airports (Transitional) Act 1996

66Simplified outline

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#### 66 Simplified outline The following is a simplified outline of this Part: • The Treasurer may call up a loan made by the Commonwealth to the FAC. • The Commonwealth may take over the FAC’s obligations under a borrowing transaction (other than a loan made by the Commonwealth to the FAC). • The Commonwealth may give the FAC money to enable the FAC to discharge or extinguish the FAC’s liability under a borrowing transaction (other than a loan made by the Commonwealth to the FAC).

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