Commonwealth Consolidated Acts

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SNOWY HYDRO CORPORATISATION ACT 1997 - SECT 17

Borrowing transactions

             (1)  For the purposes of this Subdivision, a borrowing transaction of the Authority is:

                     (a)  a loan; or

                     (b)  any other transaction that gives rise to a borrowing.

             (2)  For the purposes of this section, borrowing includes borrowing by the issue of stock under regulations made under the Snowy Mountains Hydro‑electric Power Act 1949 .



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