Victorian Consolidated Legislation

RURAL FINANCE ACT 1988

No. 44 of 1988
Version incorporating amendments as at 24 August 2007

TABLE OF PROVISIONS

           Section Page

   PART 1-PRELIMINARY

   1.      Purposes
   2.      Commencement
   3.      Definitions
   3A.     How chairperson and Deputy Chairperson may be referred to

   PART 2-ADMINISTRATION

   4.      Rural Finance Corporation of Victoria
   5.      Objectives of the Corporation
   6.      Functions of the Corporation
   6A.     Functions of Corporation relating to VEDC
   7.      Powers of the Corporation
   8.      Ministerial direction
   9.      Delegation
   10.     Board of Management
   11.     Conditions of membership of the Board
   11A.    Acting Chairperson
   11B.    Acting Deputy Chairperson
   12.     Acting appointments
   13.     Proceedings of the Board
   13A.    Resolutions without meetings
   14.     Disclosure of interests etc.
   15.     Chief Executive Officer
   16.     Staff
   17.     Application of public administration legislation

   PART 3-OPERATIONS AND FINANCIAL PROVISIONS

   18.     Financial services
   19.     Corporation as agent for the Treasurer
   20.     Capital
   21.     Deposits
   22.     Financial accommodation
   22A.    Financial arrangements
   23.     Government guarantees
   24.     Trustees may invest with the Corporation
   25.     Advances from the Public Account
   26.     Payments from profits to Consolidated Fund
           27-29. Repealed

   PART 4-LAND SETTLEMENT AND SOLDIER
   SETTLEMENT

   30.     Saving of interests
   31.     Additional rights and obligations
   32.     Transfer of purchase leases
   33.     Soldier settlement-right to obtain Crown grant early
   34.     Land settlement-if Crown grant obtained early
   35.     Provisions applying to dealings with respect to purchase leases
   36.     Advance payments under purchase leases
   37.     Surrender of purchase lease and grant of new lease
   38.     Crown grant on satisfaction of purchase lease
   39.     Crown grants generally
   40.     Settlers are owners and occupiers for certain purposes
   41.     Rental purchase deemed to be rent
   42.     Forfeiture of purchase leases
   43.     Payments on surrender or forfeiture
   44.     Mortgages under Part 7 of the Soldier Settlement Act
   45.     Interest on overdue instalments
   46.     Land under contract of sale
   47.     Vesting of land in the Corporation on forfeiture etc.
   48.     Unused land under the repealed Acts to vest in the Corporation
   49.     Generally as to vesting

   PART 5-MISCELLANEOUS

   50.     Insurance
   51.     Payment of municipal rates etc. by the Corporation
   52.     Appointment of attorneys
   53.     Offence to misapply money received from the Corporation
   54.     Immunity
   55.     Confidentiality
   56.     Freedom of Information Act 1982 not to apply
   57.     Regulations

   PART 6-TRANSITIONAL PROVISIONS, REPEALS AND AMENDMENTS

   58.     Transitional provisions relating to the Corporation
   59.     Transitional provision
   60.     Repealed
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           ENDNOTES
           1. General Information
           2. Table of Amendments
           3. Explanatory Details