Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Governor - General may, by writing signed by him or her, create stock, Treasury Bonds, Treasury Notes or other prescribed securities from time to time for:
(a) raising money by way of loan; or
(b) converting any loan raised by the Commonwealth into any other loan so raised; or
(c) paying any expenses of carrying this Act into effect that the Governor - General considers are properly payable out of capital; or
(d) lending by the Treasurer under securities lending arrangements under section 5BA of the Loans Securities Act 1919 .
(2) Stock created pursuant to paragraph (1)(a) shall not be issued or sold unless:
(a) authority to borrow the moneys to be raised by the issue or sale is granted by section 3A of this Act or by any other Act; or
(b) the issue or sale is for the purpose of carrying out an obligation of the Commonwealth under the Financial Agreement.