Commonwealth Consolidated Acts

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AUSTRALIAN BROADCASTING CORPORATION ACT 1983 - SECT 70D

Corporation may give security

                   The Corporation may give security over the whole or any part of its land or other assets for:

                     (a)  the repayment of money borrowed under section 70A or paragraph 70B(1)(a) and the payment of interest on that money;

                     (b)  the payment of amounts (including any interest) that the Corporation is liable to pay in relation to money raised under paragraph 70B(1)(b); or

                     (c)  the payment to the Commonwealth of amounts equal to any amounts that the Commonwealth may become liable to pay under:

                              (i)  a contract entered into under subsection 70C(1); or

                             (ii)  a determination made under subsection 70C(2).



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