Victorian Consolidated Legislation

Municipal Association Act 1907 - SECT 17

Authorized depositors

17. Authorized depositors

The Association may accept money on deposit from the following authorized
depositors-

   (a)  any council which is a member of the Association; and



   (b)  any body constituted-

   (i)  by or under the Local Government Act 1989 for any public or local
        governing purpose; or

   (ii) for a joint purpose by councils or a council and any other body-



and which body is declared by the Governor in Council on the recommendation of
the Minister after consultation with the Treasurer to be an authorized
depositor for the purposes of this section-

upon such forms and conditions as may be agreed between the Association and
the authorized depositor.