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LOAN (TEMPORARY REVENUE DEFICITS) ACT 1953 - SECT 7

Borrowing to be subject to the Financial Agreement

  (1)   Nothing in this Act authorizes the borrowing of money or the issue of securities otherwise than in accordance with clause six of the Financial Agreement.

  (2)   In this section, the Financial Agreement has the same meaning as in section four of the Financial Agreement Act 1944 .

 

Notes to the Loan (Temporary Revenue Deficits) Act 1953

Note 1

The Loan (Temporary Revenue Deficits) Act 1953 as shown in this compilation comprises Act No. 21, 1953 amended as indicated in the Tables below.

Table of Acts

Act

Number
and year

Date
of Assent

Date of commencement

Application, saving or transitional provisions

Loan (Temporary Revenue Deficits) Act 1953

21, 1953

9 Apr 1953

1 July 1950

 

National Debt Sinking Fund Act 1966

65, 1966

29 Oct 1966

1 July 1966

--

Administrative Changes (Consequential Provisions) Act 1978

36, 1978

12 June 1978

12 June 1978

--

Audit (Transitional and Miscellaneous) Amendment Act 1997

152, 1997

24 Oct 1997

Schedule   2 (item   902): 1 Jan 1998 ( see Gazette 1997, No. GN49) (a)

--

Financial Framework Legislation Amendment Act 2005

8, 2005

22 Feb 2005

Schedule 1 (items   13-15): Royal Assent

--

(a)   The Loan (Temporary Revenue Deficits) Act 1953 was amended by Schedule 2 (item 902) only of the Audit (Transitional and Miscellaneous) Amendment Act 1997 , subsection 2(2) of which provides as follows:

  (2 )   Schedule s 1 , 2 and 4 commence on the same day as the Financial Management and Accountability 1997 .

Table of Amendments

ad. = added or inserted       am. = amended       rep. = repealed       rs. = repealed and substituted

Provision affected

How affected

S. 3 ....................

am. No. 36, 1978; No. 152, 1997

 

rep. No. 8, 2005

S. 4 ....................

am. No. 8, 2005

S. 6 ....................

rep. No. 65, 1966

 

 

 



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