Section 24 - Australian Grands Prix Act 1994 - Borrowing, investing and other financial powers | Zoe

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Australian Grands Prix Act 1994

24Borrowing, investing and other financial powers

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24 Borrowing, investing and other financial powers

(1) The Corporation has the powers conferred on it by the Borrowing and Investment Powers Act 1987.

(2) The Corporation may, with the approval of the Treasurer, enter into arrangements for the protection of the value of its assets or liabilities against movements in interest rates or currency rates.