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Macquarie Point Development Corporation Act 2012
45Borrowing from Treasurer
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45 Borrowing from Treasurer
(1) The Treasurer may lend to the Corporation such money as the Treasurer considers appropriate.
(2) Before making a loan to the Corporation, the Treasurer must consult with the Minister.
(3) A loan is subject to the conditions determined by the Treasurer.
(4) [Section 45 Subsection (4) amended by No. 38 of 2020, Sched. 1, Applied:27 Nov 2020] An amount lent under subsection (1) and any interest or other charge payable in respect of the loan is a debt repayable into the Public Account by the Corporation.