Western Australian Consolidated Acts Western Australian Consolidated Acts (1) The Treasurer, on
the Minister’s recommendation, may, in the name and on behalf of the
State, guarantee the performance by the Authority, in the State or elsewhere,
of any financial obligation of the Authority.
(2) A guarantee is to
be in the form, and subject to the terms and conditions, determined by the
Treasurer.
(3) The due payment of
money payable by the Treasurer under a guarantee is to be charged to the
Consolidated Account, which this subsection appropriates accordingly.
(4) The Treasurer is
to cause any amounts received or recovered, from the Authority or otherwise,
in respect of any payment made by the Treasurer under a guarantee to be
credited to the Consolidated Account.
[Section 76 amended by No. 77 of 2006
s. 4.]