Commonwealth Consolidated Acts

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AUSTRALIAN BROADCASTING CORPORATION ACT 1983 - SECT 70D

Corporation may give security

    The Corporation may give security over the whole or any part of its land or other assets for:

  (a)   the repayment of money borrowed under section   70A or paragraph   70B(1)(a) and the payment of interest on that money;

  (b)   the payment of amounts (including any interest) that the Corporation is liable to pay in relation to money raised under paragraph   70B(1)(b); or

  (c)   the payment to the Commonwealth of amounts equal to any amounts that the Commonwealth may become liable to pay under:

  (i)   a contract entered into under subsection   70C(1); or

  (ii)   a determination made under subsection   70C(2).



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