Queensland Consolidated Acts

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FINANCIAL ADMINISTRATION AND AUDIT ACT 1977 - SECT 40A

40A Borrowings by State and by accountable officers

(1) The Treasurer may borrow amounts for the State.

(2) Amounts may be borrowed within the State, outside the State but within Australia or outside Australia.

(3) The accountable officer of a department may, under a Treasurer's approval, borrow amounts for the State from the Queensland Treasury Corporation.



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