Housing Loans Insurance Act 1965
37AContracts
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37A Contracts
The Corporation shall not, except with the approval of the Minister, enter into a contract (not being a contract entered into by the Corporation by virtue of powers conferred on it by section 17, 17A or 19 of this Act, or subsection 19(3) of the Commonwealth Authorities and Companies Act 1997) involving the payment or receipt by the Corporation of an amount exceeding $250,000, or, if a higher amount is prescribed by the regulations, that higher amount.