Commonwealth Numbered Acts

AUSTRALIAN HORTICULTURAL CORPORATION ACT 1987 No. 164 of 1987 - SECT 55

55. The Corporation may give security over the whole or any part of its land
or other assets for:

   (a)  the repayment of money borrowed under paragraph 52 (1) (a) and the
        payment of interest (including any interest on that interest) on money
        so borrowed;

   (b)  the payment of amounts (which may be interest) that it is liable to
        pay with respect to money raised under paragraph 52 (1) (b); or

   (c)  the payment to the Commonwealth of amounts equal to any amounts that
        the Commonwealth may become liable to pay under a contract entered
        into under subsection 54 (1) or as a result of a determination made
        under subsection 54 (2).