Commonwealth Consolidated Acts

EXPORT FINANCE AND INSURANCE CORPORATION ACT 1991 - SECT 8

             (1)  EFIC is to perform its functions in such a manner as will best assist the development of Australian export trade.

             (2)  In performing its functions, EFIC must:

                     (a)  comply with any directions given under section 9; and

                     (b)  have regard to:

                              (i)  the desirability of improving and extending the range of insurance and other financial services and products available (whether from EFIC or otherwise) to persons involved, or likely to be involved, directly or indirectly, in Australian export trade; and

                             (ii)  the need to provide its services and products as efficiently and economically as possible; and

                            (iii)  Australia's obligations under international agreements.