Homes Tasmania Act 2022
72Guarantee and indemnity by Treasurer
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72 Guarantee and indemnity by Treasurer
(1) The Treasurer may execute a guarantee, in favour of any person, guaranteeing the repayment of any amount borrowed for the purposes of this Act, other than a loan referred to in section 29 or section 71(1) .
(2) The Treasurer may provide an indemnity –
(a) in favour of any person; and
(b) in respect of any liability approved by Homes Tasmania, that is incurred in the carrying out of the objects of this Act or in achieving its purposes.
(3) A guarantee executed, or an indemnity provided, by the Treasurer under subsection (1) or (2) is subject to the terms and conditions, if any, that the Treasurer thinks fit.
(4) Any amounts that from time to time become due and payable under a guarantee or an indemnity authorised by this section are to be paid out of the Public Account, which is, to the necessary extent, appropriated accordingly.