Australian Capital Territory Consolidated Acts

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HEALTH PROFESSIONALS ACT 2004 - SECT 35

Borrowing powers

    (1)     A health profession board may, if authorised by an unopposed resolution, do either or both of the following:

        (a)     borrow amounts needed for the exercise of its functions;

        (b)     secure the repayment of an amount borrowed by it and the payment of interest on an amount borrowed by it.

    (2)     For this section, a resolution of the health profession board is an "unopposed resolution "if—

        (a)     no votes are cast against the resolution; and

        (b)     at least 1 vote is cast in favour of the resolution.

Note     An abstention of a member does not (in itself) prevent an unopposed resolution from being passed, if at least 1 vote is cast in favour of the resolution.



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