CTHRepealedAct
Dairy Produce Act 1986
77CPower to borrow or raise money for the purposes of the Dairy Structural Adjustment Fund
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#### 77C Power to borrow or raise money for the purposes of the Dairy Structural Adjustment Fund
(1) The industry services body may:
(a) borrow money; or
(b) raise money otherwise than by borrowing;
for the purpose of making payments for which money of the Dairy Structural Adjustment Fund may be expended.
> Note: The meaning of raise money otherwise than by borrowing is affected by clause 77CC.
(2) The industry services body may give security, including over the assets of the Dairy Structural Adjustment Fund, in respect of the body’s obligations in relation to a borrowing or other raising of money under subclause (1).