New South Wales Consolidated Acts

TOURISM NEW SOUTH WALES ACT 1984 - SECT 14

14 Interest on loans and rentals under leases

(1) A loan made by Tourism New South Wales shall be at the rate of interest for the time being fixed by the Treasurer generally for the purposes of this Part or, if the Treasurer so approves, at such rate of interest as may be fixed by the Treasurer in respect of that loan or without interest.

(2) The rental or other consideration to be received by Tourism New South Wales in respect of a lease of real or personal property acquired for the purposes of this Part shall be fixed by Tourism New South Wales so as to produce an amount per annum which represents not less than such percentage as the Minister may direct, in respect of that lease, or of leases of the class to which that lease belongs, of the value of the real or personal property leased.