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Export Finance and Insurance Corporation Act 1991
30Gazettal of national interest contracts etc.
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#### 30 Gazettal of national interest contracts etc.
(1) Where EFIC enters into a contract, gives a guarantee or makes a loan in accordance with an approval or direction under this Part, EFIC must cause notice of the contract, guarantee or loan to be published in the Gazette.
(2) A notice under subsection (1) must set out the following particulars:
(a) in the case of a contract of insurance or indemnity—particulars of the nature and extent of the insurance or indemnity;
(b) in the case of a guarantee—particulars of the nature and extent of the guarantee;
(c) in the case of a loan—particulars of the amount of the loan and the rate of interest to be charged (if applicable) on the money lent.
(3) A notice under subsection (1) must also set out particulars of:
(a) in the case of a contract or guarantee—the proportion of the liability under the contract or guarantee that is to be borne by the Commonwealth; or
(b) in the case of a loan—the proportion (if any) of the risk associated with the loan that is to be borne by the Commonwealth.
(4) A notice under subsection (1) must not state the name of any of the parties to a contract or of any person in respect of whom a guarantee has been given by EFIC.