TASIn ForceAct
Tasmanian Development Act 1983
43Loans to directors, &c.
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### 43 Loans to directors, &c.
> *\[Section 43 Amended by No. 76 of 1995, s. 28 and Sched. 1 \]*[*\[Section 43 Substituted by No. 45 of 2003, Sched. 1, Applied:01 Jan 2004\]*](/view/html/inforce/2004-01-01/act-2003-045#JS1@Ja63@GC1@EN)
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> > (1) TDR shall not, whether directly or indirectly, make a loan to –
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> > > > (a) a director or the spouse or partner of a director; or
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> > > > (b) a company, where a director or the spouse or partner of a director has, or both of them have, a direct or indirect beneficial interest in shares in the company, the nominal value of which is not less than 10 per cent of the nominal value of the issued share capital of the company.
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> > (2) In this section,
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> > > ***partner*** means the person with whom a director is in a personal relationship, within the meaning of the [Relationships Act 2003](/view/html/inforce/2026-04-12/act-2003-044) .