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CO-OPERATIVE HOUSING SOCIETIES ACT 1958 - SECT 75A Execution of guarantees and entering into of agreements

CO-OPERATIVE HOUSING SOCIETIES ACT 1958 - SECT 75A

Execution of guarantees and entering into of agreements

    (1)     Any guarantee or agreement authorized by this Division of this Part to be executed or entered into by the Treasurer of Victoria (in this section referred to as the Treasurer ) may be executed or entered into for and on behalf of the Treasurer by any other person whom the Treasurer may authorize in writing either generally or in any particular case so to do.

    (2)     The Treasurer shall cause to be published in the Government Gazette notice of the authorization under subsection (1) of any person to execute a guarantee or enter into an agreement for and on behalf of the Treasurer.

    (3)     A guarantee executed or agreement entered into by a person for and on behalf of the Treasurer pursuant to subsection (1) shall be deemed to have been executed or entered into by the Treasurer.

    (4)     All courts shall take judicial notice of the signature to a guarantee or agreement (being a guarantee or agreement that is authorized by this Division of this Part to be executed or entered into by the Treasurer) of any person who is or has been authorized by the Treasurer under subsection (1) to execute the guarantee or enter into the agreement for and on behalf of the Treasurer.

Division 2—Indemnities

No. 6138 s. 76.