46Borrowing powers

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46 Borrowing powers

(1) A cemetery trust may borrow money to enable it to perform its functions and exercise its powers under this Act.

(2) A cemetery trust—

(a) must not borrow money unless the prior approval of the Treasurer has been obtained; and

(b) must comply with any conditions imposed by the Treasurer in that approval.

S. 47 amended by No. 9/2020 s. 390(Sch. 1 item 13.2).