Western Australian Consolidated Acts Western Australian Consolidated Acts (1) The Authority,
with the Treasurer’s approval, may, for the purpose of managing,
limiting or reducing perceived risks or anticipated costs in connection with
the exercise of any power conferred by section 75 —
(a)
enter into an agreement or arrangement to effect any of the following
transactions —
(i)
a foreign exchange transaction;
(ii)
a forward foreign exchange transaction;
(iii)
a currency swap;
(iv)
a forward currency swap;
(v)
a foreign currency cap, a foreign currency collar or a
foreign currency floor;
(vi)
a forward interest rate agreement;
(vii)
an interest rate swap;
(viii)
a forward interest rate swap;
(ix)
an interest rate cap, an interest rate collar or an
interest rate floor;
(x)
an option for interest rate or currency management
purposes;
(xi)
a futures contract or a futures option;
(xii)
any other transaction that is approved in writing by the
Minister, with the Treasurer’s concurrence, as a transaction to which
this paragraph applies or is of a class that is approved in writing by the
Minister, with the Treasurer’s concurrence, as a class of transactions
to which this paragraph applies;
or
(b)
enter into an agreement or arrangement to effect any transaction that is a
combination of —
(i)
2 or more transactions permitted under
paragraph (a); or
(ii)
one or more transactions permitted under
paragraph (a) and one or more transactions permitted under
section 75.
(2) In
subsection (1)(a) —
interest rate includes coupon rate, discount rate,
and yield.