Commonwealth Consolidated Acts

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AUSTRALIAN MARITIME SAFETY AUTHORITY ACT 1990 - SECT 42

Authority may give security

    The Authority may give security over the whole or part of its assets for:

  (a)   the performance by the Authority of any obligation incurred under section   39 or 40; or

  (b)   the payment to the Commonwealth of amounts equal to amounts paid by the Commonwealth under a guarantee under section   41.



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