New South Wales Consolidated Acts

PUBLIC AUTHORITIES (FINANCIAL ARRANGEMENTS) ACT 1987 - SECT 5

5 Meaning of effecting a financial adjustment

(1) In this Act, a reference (however expressed) to the effecting of a financial adjustment by an authority is a reference to the entering into or the participation by the authority in any of the following arrangements or transactions or a combination of them:

(a) a currency swap,

(b) an interest rate swap,

(c) a forward exchange rate agreement,

(d) a forward interest rate agreement,

(e) a futures contract or a futures option,

(f) a currency option,

(g) an interest rate option,

(h) a commodity swap,

(i) a forward commodity agreement,

(j) a commodity option,

(k) a swaption,

(l) a bond option,

(m) an interest rate cap,

(n) an interest rate floor,

(o) an interest rate collar,

(p) a forward rate bill agreement,

(q) a forward foreign exchange transaction,

(r) an exchange rate agreement,

(s) a forward exchange agreement,

(t) a reciprocal purchase agreement,

(u) any other transaction or arrangement that is prescribed by the regulations.

(2) In this section, "commodity" includes electricity.