AustLII Tasmanian Consolidated Acts

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PORT COMPANIES ACT 1997 - SECT 17

17. Loan from Treasurer

      (1) The Treasurer may lend to a company or any of its subsidiaries, out of money provided by Parliament for the purpose, any money the Treasurer considers appropriate.

      (2) A loan is subject to any conditions the Treasurer determines.

      (3) An amount lent under subsection (1) and any interest or other charge payable in respect of the loan is a debt repayable by the company or subsidiary into the Consolidated Fund.



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