31Financial arrangements

31 Financial arrangements

(1)  In this section –

financial arrangement means –

(a) an interest rate swap; and

(b) a forward interest rate agreement; and

(c) a futures contract or futures option, within the meaning of the Corporations Act, relating to an interest rate or a foreign currency; and

(d) an option in respect of an existing financial security or a security which Homes Tasmania has authority to create; and

(e) any other transaction or arrangement that has been approved by the Treasurer in writing for the purposes of this section.

(2)  Homes Tasmania may enter into and perform a financial arrangement in accordance with any guidelines in force under subsection (3) .

(3)  The Treasurer may issue guidelines relating to financial arrangements or the exercise of the power of Homes Tasmania to enter into and perform financial arrangements.