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Electricity Industry (Residual Provisions) Act 1993
28Borrowing and investment by electricity corporation
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28 Borrowing and investment by electricity corporation
S. 28(1) amended by Nos 53/1994 s. 11(1)(a), 110/1994 s. 33(2), 36/1999 s. 19(c).
(1) An electricity corporation may obtain financial accommodation subject to and in accordance with the Borrowing and Investment Powers Act 1987.
S. 28(2) amended by Nos 53/1994 s. 11(1)(a)(b), 110/1994 s. 33(2), 36/1999 s. 19(c).
(2) An electricity corporation may invest money of the corporation in accordance with the powers conferred on it by the Borrowing and Investment Powers Act 1987.