Grain Handling and Storage Act 1995
11Payment of certain amounts from proceeds of sale
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11 Payment of certain amounts from proceeds of sale
(1) The Treasurer may, from the proceeds of sale, repay, discharge or satisfy GEB liabilities and the Consolidated Fund is hereby to the necessary extent appropriated accordingly.
(2) In this section—
GEB liabilities means all liabilities of—
(a) GEB in respect of financial accommodation obtained, or financial arrangements entered into, by GEB; and
(b) the Treasury Corporation of Victoria in respect of liabilities in respect of financial accommodation obtained, or financial arrangements, entered into, by GEB.
S. 12
repealed by No. 4/1996 s. 134(5) (as amended by No. 82/1996 s. 78(b)).
Pt 3
(Heading) amended by No. 62/2001 s. 83(c).