Commonwealth Consolidated Acts

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SNOWY HYDRO CORPORATISATION ACT 1997 - SECT 19

Application of the Loans Securities Act 1919

                   Sections 5A, 5B, 5C and 5D (other than paragraphs (1)(c) and (2)(c)) of the Loans Securities Act 1919 apply in relation to a borrowing that becomes a borrowing of the Commonwealth under section 18 as if that borrowing were a borrowing of money outside Australia:

                     (a)  that the Treasurer was authorised to make on behalf of the Commonwealth; and

                     (b)  that the Treasurer made accordingly.



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