Tasmanian Public Finance Corporation Act 1985
3AApplication of Act to certain persons
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3A Application of Act to certain persons
[Section 3A Inserted by No. 39 of 1993, s. 24 and Sched. 2 ]
(1) This Act, except sections 16 and 18 , applies to a person who, in the opinion of the Corporation, is directly or indirectly connected with the provision of financial accommodation for a shipping service to and from Tasmania managed or operated, or to be managed or operated, by a company formed and incorporated pursuant to section 5 of the TT-Line Arrangements Act 1993 as if that person were a State authority.
(2) The terms and conditions (including, in particular, terms and conditions as to principal, interest, administrative charges, other charges and fees) of a loan provided under this Act to a person referred to in subsection (1) are the terms and conditions determined by the Corporation with the approval of the Treasurer.
(3) The Treasurer must not approve terms and conditions under subsection (2) unless the Treasurer has first consulted with the Minister to whom the administration of the TT-Line Arrangements Act 1993 is for the time being assigned.