Irrigation Company Act 2011
21Financial arrangements
Start here
Get a plain-English read of 21
Turn the raw legal text into a practical explanation grounded in Irrigation Company Act 2011.
21 Financial arrangements
(1) In this section –
financial arrangement has the same meaning as in the Government Business Enterprises Act 1995 .
(2) The Treasurer, by notice provided to the Company, may specify that the Company is not to enter into or deal in a financial arrangement as provided by, or in the circumstances specified in, the notice.
(3) The Company must not enter into or deal in a financial arrangement in contravention of a notice provided under subsection (2) .
(4) The Board must ensure that any financial arrangement entered into, or dealt in, by the Company is entered into and performed, or dealt in, in accordance with the Treasurer's Instructions.