Commonwealth Consolidated Acts

COMMONWEALTH AUTHORITIES AND COMPANIES ACT 1997 - SECT 28A

             (1)  A Commonwealth authority may obtain:

                     (a)  cash, goods or services on credit from any person by the use of a credit card; and

                     (b)  goods or services on credit from any person by the use of a credit voucher.

             (2)  The regulations may prescribe requirements in relation to the authority's credit card or voucher, including requirements relating to:

                     (a)  the agreement between the authority and the person issuing the credit card or voucher; and

                     (b)  who is authorised to use the credit card or voucher on the authority's behalf; and

                     (c)  the circumstances in which the credit card or voucher may be used; and

                     (d)  how the credit card or voucher is to be kept; and

                     (e)  the maximum amount that may be borrowed by way of the credit card or voucher; and

                      (f)  the period in which amounts borrowed by way of the credit card or voucher are to be repaid, being a period not longer than 60 days after the authority is notified by the lender of the amount borrowed.

             (3)  This section, and regulations made under this section, do not apply to a Commonwealth authority if, under the authority's enabling legislation, the authority has an express power to borrow money (whether or not that power is subject to conditions).