Commonwealth Consolidated Acts

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EXPORT FINANCE AND INSURANCE CORPORATION ACT 1991 - SECT 61A

Debt neutrality charge

  (1)   The Minister may inform EFIC in writing of arrangements that are to apply to EFIC in relation to a debt neutrality charge to be paid by EFIC to the Commonwealth.

  (2)   The arrangements may specify:

  (a)   the period in respect of which a debt neutrality charge is payable; and

  (b)   the amount of the charge, or the way in which it is to be worked out; and

  (c)   the period within which the amount must be paid by EFIC to the Commonwealth.

  (3)   EFIC must pay a debt neutrality charge to the Commonwealth in accordance with the arrangements.

  (4)   The Minister may at any time, in writing, vary or revoke arrangements made under this section.



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