Victorian Consolidated Legislation

BORROWING AND INVESTMENT POWERS ACT 1987

No. 13 of 1987
Version incorporating amendments as at 31 July 2009

TABLE OF PROVISIONS

           Section Page

   PART 1-PRELIMINARY

   1.      Purpose
   2.      Commencement
   3.      Definitions
   3A.     Application of sections of this Act

   PART 2-BORROWING POWERS

           Division 1-General

   4.      General borrowing authorisation

           Division 2-Financial accommodation

   5.      Financial accommodation by way of overdraft in Australia
           6, 7. Repealed
   8.      Financial accommodation in Australia
   9.      Financial accommodation within or outside Australia
   10.     Financial leases
   11.     Financial arrangements
   11AA.   Limited validation of certain financial transactions
   11AB.   Assumption of certain obligations and rights

           Division 2A-Limits on financial accommodation

   11A.    Limits on financial accommodation

           Division 3-Guarantees

   12.     Guarantee of overdraft certified by Treasurer
   13.     Statutory guarantee
   14.     Guarantee of financial accommodation
   14A.    Guarantee of certain obligations
   15.     Guarantee of financial arrangements
   16.     Appropriation for guarantee
   17.     Assignment and enforcement of guarantees

           Division 4-Miscellaneous

   17A.    Application of Act to certain authorities under the Water Act 1989.
   17B.    Application to State instrumentalities
   18.     Regulations with respect to securities

   PART 3-INVESTMENT POWERS

           Division 1-Preliminary

   19.     General investment authorisation

           Division 2-Investment

   20.     Power to invest moneys
   20A.    Limited validation of certain investments
   21.     Trading in investments
   22.     Underwriting

   PART 4-CONSEQUENTIAL AMENDMENTS AND TRANSITIONAL PROVISIONS

           23-25. Repealed
   26.     Transitional provisions
   27.     Enforcement of guarantees given before commencement of section

   PART 5-GUARANTEES ETC. FOR ECONOMIC DEVELOPMENT PROJECTS

   28.     Definitions
   29.     Treasurer may execute guarantee etc.
   30.     Provisions applying to guarantees etc. under this Part
           __________________
           SCHEDULE 1.
           1A-6-Repealed
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           ENDNOTES
           1. General Information
           2. Table of Amendments
           3. Explanatory Details