Western Australian Consolidated Acts Western Australian Consolidated Acts (1) In addition to its
powers under section 33, the Authority may with the prior written
approval of the Treasurer and on such terms and conditions as the Treasurer
approves, borrow moneys for the purpose of performing its functions.
(2) Any moneys
borrowed by the Authority under subsection (1) may be
raised —
(a) as
one loan or as several loans; and
(b) in
such manner as the Treasurer approves.
(3) The total amount
of the moneys so borrowed in any one financial year is not to exceed such
amount as the Treasurer approves.