24TDR's power to borrow

### 24 TDR's power to borrow > > (1)  *\[Section 24 Subsection (1) substituted by No. 55 of 1985, s. 5 \]**\[Section 24 Subsection (1) amended by No. 36 of 1988, s. 6 \]**\[Section 24 Subsection (1) amended by No. 76 of 1995, s. 18 and s. 28 and Sched. 1 \]*TDR may, with the consent of the Treasurer but subject to this section, borrow money for the purposes of this Act, the [Farm Water Development Act 1985](/view/html/inforce/2026-04-12/act-1985-042) , the [King and Flinders Islands (Power) Financial Assistance 1984](/view/html/inforce/2026-04-12/act-9999-999) , the [Closer Settlement Act 1957](/view/html/inforce/2026-04-12/act-1957-100) or the [Rural Adjustment Act 1995](/view/html/inforce/2026-04-12/act-1995-036) . > > > (1A)  [*\[Section 24 Subsection (1A) amended by No. 74 of 1999, Sched. 2, Applied:01 Jan 2000\]*](/view/html/inforce/2000-01-01/act-1999-074#JS2@Ja53@GC2@EN) *\[Section 24 Subsection (1A) inserted by No. 55 of 1985, s. 5 \]**\[Section 24 Subsection (1A) substituted by No. 76 of 1995, s. 18 \]**\[Section 24 Subsection (1A) amended by No. 62 of 1996, s. 3 and Sched. 1 \]*Money borrowed under [subsection (1)](#GS24@Gs1@EN) is to be borrowed on authorised deposit-taking institution overdraft or in such other manner as the Treasurer may approve. > > > (2)  *\[Section 24 Subsection (2) amended by No. 76 of 1995, s. 28 and Sched. 1 \]*Without limiting its powers under [subsection (1)](#GS24@Gs1@EN) , TDR may, for the purposes of this Act, borrow money with the consent of the Treasurer from the Primary Industry Bank subject to such terms or conditions as may be agreed in writing between TDR and that Bank, including terms or conditions requiring TDR to make to that Bank loans or deposits of such amounts as may be determined by reference to the agreement. > > > (3)  *\[Section 24 Subsection (2) amended by No. 55 of 1985, s. 5 \]**\[Section 24 Subsection (3) omitted by No. 76 of 1995, s. 18 \]*.  .  .  .  .  .  .  .