Commonwealth Consolidated Acts

DEVELOPMENT ALLOWANCE AUTHORITY ACT 1992 - SECT 93G

                   An indirect infrastructure borrowing is a borrowing of money by an incorporated body where:

                     (a)  the borrower requirements set out in section 93I are met; and

                     (b)  the body intends, at the time of the borrowing, to use the borrowed money only:

                              (i)  by lending it to another person where that loan will constitute the whole or part of a direct infrastructure borrowing by that other person in relation to which a certificate is in force; and

                             (ii)  if it is not able to be lent to the other person immediately after it is borrowed--by investing it in a prescribed investment until it is.