Commonwealth Numbered Acts

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AUSTRALIAN OVERSEAS PROJECTS CORPORATION ACT 1978 No. 105 of 1978 - SECT 35

Payments to the Commonwealth
35. (1) Interest is not payable to the Commonwealth on the capital of the
Corporation but the Corporation shall pay to the Commonwealth, out of the
profits of the Corporation for a financial year, such amount as the Minister
determines.

(2) The capital of the Corporation is repayable to the Commonwealth at such
times and in such amounts as the Minister determines.

(3) In making a determination under sub-section (1) or (2), the Minister shall
have regard to any advice that the Board has furnished to him in relation to
the financial affairs of the Corporation. 


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