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Loans Redemption and Conversion Act 1921
4Authority to borrow certain moneys
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4 Authority to borrow certain moneys
The Treasurer may, from time to time, under the provisions of the Commonwealth Inscribed Stock Act 1911-1918, or under the provisions of any Act authorizing the issue of Treasury Bills, borrow money necessary for the purpose of paying off, repurchasing or redeeming any loan in accordance with this Act.