TERRITORY-OWNED CORPORATIONS ACT 1990 - SECT 28A Guarantees by corporation
TERRITORY-OWNED CORPORATIONS ACT 1990 - SECT 28A
Guarantees by corporation(1) A territory-owned corporation or subsidiary must not give a guarantee for the payment of money or the performance of an obligation without the Treasurer's prior written approval.
(2)
An approval may be subject to conditions stated in the approval.