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Racing (Tasracing Pty Ltd) Act 2009
16Loan from Treasurer
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16 Loan from Treasurer
(1) The Treasurer may lend to the Company, out of money provided by Parliament for the purpose, any money the Treasurer considers appropriate.
(2) A loan is subject to any conditions the Treasurer determines.
(3) An amount lent under subsection (1) , together with any interest or other charge payable in respect of that amount, is a debt repayable by the Company to the Crown.