Commonwealth Numbered Acts

AUSTRALIAN WOOL REALISATION COMMISSION ACT 1991 No. 107 of 1991 - SECT 29

29. (1) The Commission may, for the purpose of the performance of its
functions or the exercise of its powers in relation to a borrowing or raising,
or a proposed borrowing or raising, of money by the Commission, enter into and
deal with currency contracts, interest rate contracts, wool futures contracts
or contracts of any other kind approved in writing by the Minister for hedging
purposes at a financial market (whether at a place in or outside Australia).

(2) A contract referred to in subsection (1) is taken to be entered into or
dealt with for hedging purposes if, and only if, the contract is for the
purpose of minimising the risks of adverse variations in:

   (a)  the costs of a borrowing or raising, or a proposed borrowing or
        raising, of money by the Commission; or

   (b)  payments to or by the Commission in relation to transactions in
        foreign currencies.