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Public Governance, Performance and Accountability Rule 2014
21ABorrowing by corporate Commonwealth entities
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#### 21A Borrowing by corporate Commonwealth entities
Guide to this section
The purpose of this section is to authorise borrowing of money by a corporate Commonwealth entity.
This section is made for paragraph 57(1)(c) of the Act.
A borrowing of money by a corporate Commonwealth entity is authorised if:
(a) the borrowing is the obtaining of credit by way of credit card, credit voucher or similar credit facility; and
(b) the agreement for the borrowing requires the amount borrowed to be repaid by the entity within 90 days.