Western Australian Consolidated Acts Western Australian Consolidated Acts (1) The Treasurer may,
in the name and on behalf of the Crown in right of the State, guarantee the
payment of any moneys payable by the Authority in respect of moneys borrowed
by it under section 34.
(2) A guarantee is to
be in such form and contain such terms and conditions as the Treasurer
determines.
(3) Before a guarantee
is given, the Authority is to —
(a) give
to the Treasurer such security as the Treasurer requires; and
(b)
execute all instruments that are necessary for the purpose.