TASIn ForceAct
Water and Sewerage Corporation Act 2012
18Borrowings
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18 Borrowings
(1) Except where approved by the Minister, the Corporation or any subsidiary of the Corporation must not borrow from any person other than the Tasmanian Public Finance Corporation.
(2) The terms and conditions of any borrowing undertaken under subsection (1) are to be in accordance with any guidelines issued by the Treasurer.
(3) Subject to subsection (4) , the Treasurer may issue guidelines relating to borrowing undertaken under subsection (1) .
(4) The Treasurer is to consult with councils and the Corporation before issuing any guidelines under subsection (3) .