New South Wales Consolidated Acts

SNOWY HYDRO CORPORATISATION ACT 1997 - SECT 13

13 Agreement relating to Commonwealth debt

(1) The State of New South Wales may enter into an agreement with the Commonwealth and the State of Victoria with respect to liabilities of the Authority to the Commonwealth that are to be transferred to the Snowy Hydro Company on the corporatisation date and with respect to the discharge of those liabilities.

(2) The agreement may contain any related provisions (including guarantees) that are considered appropriate.