52Functions of New South Wales Treasury Corporation

#### 52 Functions of New South Wales Treasury Corporation 52 Functions of New South Wales Treasury Corporation > > (1) New South Wales Treasury Corporation (TCorp) has the object of providing financial services for the purposes of an authorised transaction at the direction of the Treasurer. > > > (2) The Treasurer may direct TCorp to do any one or more of the following for the purposes of an authorised transaction on terms and conditions determined by the Treasurer— > > > > > (a) provide borrowings (including by the lending of money) to or for the benefit of a private sector entity, > > > > > (b) effect a derivative arrangement for the benefit of or on behalf of a private sector entity, > > > > > (c) participate in any other arrangement or transaction approved by the Treasurer for the purposes of an authorised transaction. > > > (3) TCorp is authorised and required to comply with a direction of the Treasurer under this section. > > > (4) Words and expressions used in this section that are defined in the [Government Sector Finance Act 2018](/view/html/inforce/current/act-2018-055) have the same meanings as in that Act. > > **s 52:** Am 2018 No 70, Sch 3.17 \[4\] \[5\].