QLDIn ForceAct
Statutory Bodies Financial Arrangements Act 1982
sec.16ATreasurer may charge for a guarantee under s 16
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### sec.16A Treasurer may charge for a guarantee under s 16
The Treasurer may charge a statutory body for providing a guarantee under section 16 , if the guarantee is given other than to QTC, by imposing a fee—
for each financial year, or part of a financial year, happening during the period of the guarantee; or
at the end of the guarantee.
The amount a statutory body may be charged under subsection (1) for a guarantee must not be more than the attributed amounts for which the statutory body would have been liable if the financial arrangements to which the guarantee relates were entered into with QTC under the Queensland Treasury Corporation Act 1988 , section 19 (1) .
The Treasurer may ask QTC to provide the Treasurer with a certificate about the rate that would have been applied to calculate the attributed amounts mentioned in subsection (2) .
s 16A ins 1994 No. 31 s 7
amd 1999 No. 29 s 50 sch ; 2013 No. 39 s 43 sch 1
(sec.16A-ssec.1) The Treasurer may charge a statutory body for providing a guarantee under section 16 , if the guarantee is given other than to QTC, by imposing a fee— for each financial year, or part of a financial year, happening during the period of the guarantee; or at the end of the guarantee.
(sec.16A-ssec.2) The amount a statutory body may be charged under subsection (1) for a guarantee must not be more than the attributed amounts for which the statutory body would have been liable if the financial arrangements to which the guarantee relates were entered into with QTC under the Queensland Treasury Corporation Act 1988 , section 19 (1) .
(sec.16A-ssec.3) The Treasurer may ask QTC to provide the Treasurer with a certificate about the rate that would have been applied to calculate the attributed amounts mentioned in subsection (2) .
- (a) for each financial year, or part of a financial year, happening during the period of the guarantee; or
- (b) at the end of the guarantee.