TASIn ForceAct
Rail Company Act 2009
38ATreasurer’s Instructions
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### 38A Treasurer’s Instructions
> [*\[Section 38A Inserted by No. 9 of 2018, s. 32, Applied:10 Sep 2018\]*](/view/html/inforce/2018-09-10/act-2018-009#GS32@EN)
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> > (1) In this section –
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> > > ***Treasurer's Instruction*** means a Treasurer's Instruction issued under [section 114 of the](/view/html/inforce/2026-04-12/act-1995-022#GS114@EN) [Government Business Enterprises Act 1995](/view/html/inforce/2026-04-12/act-1995-022) .
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> > (2) A Treasurer's Instruction applies to the Company, and each subsidiary of the Company, as if they were Government Business Enterprises specified in [Schedules 1](/view/html/inforce/2026-04-12/act-1995-022#JS1@EN) , [2](/view/html/inforce/2026-04-12/act-1995-022#JS2@EN) and [3](/view/html/inforce/2026-04-12/act-1995-022#JS3@EN) of the [Government Business Enterprises Act 1995](/view/html/inforce/2026-04-12/act-1995-022) .
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> > (3) The Treasurer may issue Treasurer's Instructions specifically in relation to the Company, and each subsidiary of the Company, as if they were Government Business Enterprises specified in [Schedules 1](/view/html/inforce/2026-04-12/act-1995-022#JS1@EN) , [2](/view/html/inforce/2026-04-12/act-1995-022#JS2@EN) and [3](/view/html/inforce/2026-04-12/act-1995-022#JS3@EN) of the [Government Business Enterprises Act 1995](/view/html/inforce/2026-04-12/act-1995-022) .
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> > (4) The Company and each subsidiary of the Company are to comply with all relevant Treasurer's Instructions.
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> > (5) The Treasurer may exempt the Company or a subsidiary of the Company, or both, from the obligation to comply with all or part of a Treasurer's Instruction.