Victorian Consolidated Legislation

TREASURY CORPORATION OF VICTORIA ACT 1992

No. 80 of 1992
Version incorporating amendments as at 25 January 2008

TABLE OF PROVISIONS

           Section Page

   PART 1-PRELIMINARY

   1.      Purpose
   2.      Commencement
   3.      Definitions
   4.      Extra-territorial operation

   PART 2-TREASURY CORPORATION OF VICTORIA

   5.      Establishment of Corporation
   6.      Objectives of the Corporation
   7.      Corporation not the Crown
   8.      Functions
   9.      Powers
   10.     Directions of Treasurer
   11.     Board of Directors
   12.     Terms of appointment
   13.     Remuneration
   14.     Repealed
   15.     Vacancies, resignation and removal from office
   16.     Acting appointments
   17.     Pecuniary interests of members
   18.     Chairperson
   19.     Proceedings of the Board
   20.     Resolutions without meetings
   21.     Validity of decisions
   22.     Improper use of information
   23.     Delegation
   24.     Chief executive officer and other staff
   25.     Vacancy etc. in office of chief executive officer
   26.     Public servants

   PART 3-OPERATIONS OF CORPORATION

   27.     Participating authorities
   28.     Strategic plans
   29.     Exchange of securities
   30.     Sinking fund
   31.     Distribution of surplus
   32.     Statutory guarantee
   33.     Guarantee
   34.     Appropriation for guarantee
   35.     Enforcement of guarantees
   36.     Initial capital of Corporation

   PART 3A-FINANCIAL OBLIGATIONS OF PUBLIC AUTHORITIES

   36A.    Definitions
   36B.    Crown bound
   36C.    Part to prevail
   36D.    Victorian financial obligations of public authority may
           become financial obligations of Corporation
   36E.    Financial obligations not governed by law of Victoria
   36F.    Guarantee
   36G.    Validity of things done
   36H.    Corporation to be party to certain proceedings

   PART 3B-FINANCIAL OBLIGATIONS OF VICTORIAN HOUSING BONDS LTD.

   36I.    Definitions
   36J.    Crown bound
   36K.    Financial obligations of VHB
   36L.    Guarantee
   36M.    Validity of things done
   36N.    Corporation to be party to certain proceedings
   36O.    Instruments under which bonds issued

   PART 4-DEBT RETIREMENT

   37.     Assets and liabilities of Victorian Debt Retirement Fund
   38.     Appropriation for further debt retirement
   39.     Repealed

   PART 5-GENERAL

   40.     Exemption from Freedom of Information Act 1982.
   41.     Securities of Corporation lawful investment
   42.     Owner of security not responsible for application of money
   43.     No notice of trust receivable
   44.     Regulations

   PART 6-TRANSITIONAL

   45.     Corporation to become successor in law of VicFin
   46.     VicFin instruments
   47.     Pending proceedings
   48.     Participating authorities
   49.     Regulations under VicFin Act
   50.     General Manager of VicFin
   50A.    Validation
   50B.    Supreme Court-limitation of jurisdiction

   PART 7-Repealed

           51-57. Repealed
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           SCHEDULE 1-Public Authorities
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           ENDNOTES
           1. General Information
           2. Table of Amendments
           3. Explanatory Details