Commonwealth Consolidated Acts

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AIRPORTS (TRANSITIONAL) ACT 1996 - SECT 66

Simplified outline

    The following is a simplified outline of this Part:

  The Treasurer may call up a loan made by the Commonwealth to the FAC.

  The Commonwealth may take over the FAC's obligations under a borrowing transaction (other than a loan made by the Commonwealth to the FAC).

  The Commonwealth may give the FAC money to enable the FAC to discharge or extinguish the FAC's liability under a borrowing transaction (other than a loan made by the Commonwealth to the FAC).



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