Commonwealth Numbered Acts

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DEFENCE HOUSING AUTHORITY ACT 1987 No. 101 of 1987 - SECT 39

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

   (a)  the repayment of money borrowed under section 36 or paragraph 37 (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 37 (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 38 (1) or as a result of a determination made
        under subsection 38 (2). 


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