39AMatters relating to subsidiaries

#### 39A Matters relating to subsidiaries (1) The Facility must not incorporate or otherwise form a subsidiary in a place other than Australia. (2) In providing financial assistance in the form of equity investments for the purposes of the performance of the Facility’s functions under subsection 7(1A), a subsidiary of the Facility must: (a) take all reasonable steps to comply with the Investment Mandate, to the extent to which the Investment Mandate is capable of applying to the activities of the subsidiary; and (b) only acquire derivatives for a purpose for which the Facility may do so under subsection 7(1C).