TASIn ForceAct
Tasmanian Ports Corporation Act 2005
15Loan from Treasurer
Start here
Get a plain-English read of 15
Turn the raw legal text into a practical explanation grounded in Tasmanian Ports Corporation Act 2005.
### 15 Loan from Treasurer
> > (1) The Treasurer may lend to the Corporation or any of its subsidiaries, out of money provided by Parliament for the purpose, any money that the Treasurer considers appropriate.
>
> > (2) A loan is subject to any conditions determined by the Treasurer.
>
> > (3) [*\[Section 15 Subsection (3) amended by No. 4 of 2017, Sched. 1, Applied:01 Jul 2019\]*](/view/html/inforce/2019-07-01/act-2017-004#JS1@Ja123@GC1@EN) An amount lent under [subsection (1)](#GS15@Gs1@EN) and any interest or other charge payable in respect of the loan is a debt repayable by the Corporation or subsidiary into the Public Account.