4Treasurer may guarantee loans

4 Treasurer may guarantee loans

(1) The Treasurer may, on behalf of the Commonwealth, guarantee the repayment to the lender of a loan (including interest on the loan) made to: (a) a co‑operative building society registered under a law of the Australian Capital Territory relating to co‑operative societies; or (b) the Commissioner for Housing holding office under the Housing Ordinance 1928‑1957 of the Australian Capital Territory. (2) The terms and conditions of the guarantee shall be as agreed to between the Treasurer and the lender.