DISABILITY SERVICES ACT 1993 - SECT 17

DISABILITY SERVICES ACT 1993 - SECT 17

17 .         Borrowing generally

        (1)         As well as being able to borrow under section 16, the Commission may —

            (a)         with the Treasurer’s prior written approval and on such terms and conditions as the Treasurer approves, borrow money for the purpose of performing its functions; and

            (b)         borrow moneys under this subsection on the guarantee of the Treasurer given under section 18.

        (2)         Any moneys borrowed by the Commission under subsection (1) may be raised as one or more loans and in such manner as the Treasurer approves, but the total amount of the moneys so borrowed is not to exceed such amount as the Treasurer has approved.