30Borrowing from person other than Treasurer

30 Borrowing from person other than Treasurer

(1)  Subject to section 16 of the Tasmanian Public Finance Corporation Act 1985 , the Authority may borrow, or otherwise obtain financial accommodation, from a person other than the Treasurer for the purposes of performing its functions and achieving its objectives.

(2)  The Authority must not borrow or otherwise obtain financial accommodation from another person under subsection (1) without the written approval of the Treasurer.

(3)  The Authority may use all or part of its assets as security for a borrowing or financial accommodation obtained by it under subsection (1) and for any interest or charges payable in respect of that borrowing or financial accommodation.

(4)  [Section 30 Subsection (4) omitted by No. 22 of 2023, s. 36, Applied:01 Jul 2023] .  .  .  .  .  .  .  .  

(5)  [Section 30 Subsection (5) omitted by No. 22 of 2023, s. 36, Applied:01 Jul 2023] .  .  .  .  .  .  .  .  

(6)  [Section 30 Subsection (6) omitted by No. 22 of 2023, s. 36, Applied:01 Jul 2023] .  .  .  .  .  .  .  .  

(7)  [Section 30 Subsection (7) omitted by No. 22 of 2023, s. 36, Applied:01 Jul 2023] .  .  .  .  .  .  .  .