Commonwealth Consolidated Acts

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LOANS SECURITIES ACT 1919 - SECT 5A

Powers of Treasurer in relation to borrowings outside Australia

                   Where the Treasurer is authorised to borrow money outside Australia, the Treasurer may, for the purposes of the borrowing:

                     (a)  enter into agreements with banks or other financial institutions;

                     (b)  enter into fiscal agency agreements;

                     (c)  in relation to the issue of any stock or security:

                              (i)  issue information memoranda in relation to the stock or security; and

                             (ii)  issue any document necessary for the listing of the stock or security on any stock exchange or security market; and

                     (d)  take any action (including the signing of any document) required or permitted to be taken by or on behalf of the Commonwealth:

                              (i)  under any agreement referred to in paragraph (a) or (b) or following the issue of a document under paragraph (c); or

                             (ii)  for any purpose relating to the borrowing.



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