NSWIn ForceAct
Fiscal Responsibility Act 2012
3Object of Act
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3 Object of Act
3 Object of Act
(1) The object of this Act is to maintain the AAA credit rating of the State of New South Wales.
(2) The purpose of that object is—
(a) to limit the cost of government borrowing, and
(b) to enable access to the broadest possible investor base for government borrowing, and
(c) to maintain business and consumer confidence, thereby sustaining economic activity and employment in the State.