Commonwealth Numbered Acts

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AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY ACT 1998No. 50, 1998 - SECT 53

Borrowing by APRA (1) APRA may borrow money from the Commonwealth or persons other than the Commonwealth.

(2) The Treasurer may enter into a contract on behalf of the Commonwealth guaranteeing the performance by APRA of obligations incurred by APRA under subsection (1). If the Treasurer enters into such a contract the obligations are so guaranteed.



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