Commonwealth Consolidated Acts

ABORIGINAL AND TORRES STRAIT ISLANDER ACT 2005 - SECT 144X

  (1)   The TSRA may borrow money on overdraft from a bank for the sole purpose of meeting a temporary deficit in the money of the TSRA.

  (2)   This section is subject to such limits as the Finance Minister determines as to:

  (a)   the total amount of money (other than interest) that may be owed by the TSRA at any time as a result of borrowings under this section; and

  (b)   the periods for which money may be borrowed under this section.

  (3)   In this section:

"bank" has the same meaning as it has in the Public Governance, Performance and Accountability Act 2013 .