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Australian National Railways Commission Sale Act 1997
67AXApplication of the Loans Securities Act 1919
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67AX Application of the Loans Securities Act 1919
Sections 5A, 5B, 5C and 5D (other than paragraphs (1)(c) and (2)(c)) of the Loans Securities Act 1919 apply in relation to a liability that is taken over by the Commonwealth under section 67AU as if that liability were a borrowing of money outside Australia:
(a) that the Treasurer was authorised to make on behalf of the Commonwealth; and
(b) that the Treasurer made accordingly.