Housing Australia Investment Mandate Direction 2018
9No further activities
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9 No further activities
(1) Housing Australia must not spend money (including making loans, investments or grants) otherwise than: (a) for the purposes of sections 6 to 8A; or (b) to make an investment in accordance with section 59 of the Public Governance, Performance and Accountability Act 2013; or (c) for incidental purposes. (2) Housing Australia must not enter into arrangements mentioned in paragraph 9(2)(b) of the Act otherwise than: (a) for the purposes of sections 6 to 8; or (b) for incidental purposes.
Note: Paragraph 9(2)(b) of the Act covers swaps, foreign exchange agreements, forward rate agreements, options or hedge agreements, and similar arrangements.