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Section 62 - Sydney Harbour Federation Trust Act 2001 - Borrowing — Zoe

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Sydney Harbour Federation Trust Act 2001

62Borrowing

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#### 62 Borrowing (1) The Trust may, with the approval of the Finance Minister, borrow money from the Commonwealth or persons other than the Commonwealth on terms and conditions that are specified in, or are consistent with, the approval. (2) The Finance Minister may, by written instrument, delegate any of the Finance Minister’s powers or functions under this section to an official (within the meaning of the Public Governance, Performance and Accountability Act 2013) of a non‑corporate Commonwealth entity (within the meaning of that Act). In exercising powers or functions under a delegation, the official must comply with any directions of the Finance Minister.

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