New South Wales Consolidated Acts

TOURISM NEW SOUTH WALES ACT 1984 - SECT 9

9 Grants, loans and guarantees-generally

(1) Tourism New South Wales may, with the approval of the Minister:

(a) make a grant or loan, or

(b) execute a guarantee, either alone or jointly with some other person,

for the purpose of facilitating the development of tourism.

(2) Subject to section 14, Tourism New South Wales may, in making a grant or loan, or in agreeing to enter into a guarantee, impose such conditions as, in the opinion of Tourism New South Wales, are appropriate.

(3) In this section, "guarantee" means a guarantee of a debt the amount of which is ascertainable when the guarantee is executed.