FINANCIAL MANAGEMENT ACT 1996 - SECT 32 Agreement for the conduct of banking for Territory
FINANCIAL MANAGEMENT ACT 1996 - SECT 32
Agreement for the conduct of banking for Territory(1) The Treasurer may enter into an agreement with an authorised deposit-taking institution relating to the conduct of banking for the Territory.
(2) An agreement must not be entered into unless it contains a provision to the effect that it may be terminated by the Territory at any time subject to the giving of written notice that specifies the date the termination is to take effect.