Commonwealth Consolidated Acts

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LOANS SECURITIES ACT 1919 - SECT 5A

Powers of Treasurer in relation to borrowings outside Australia

    Where the Treasurer is authorised to borrow money outside Australia , the Treasurer may, for the purposes of the borrowing:

  (a)   enter into agreements with banks or other financial institutions;

  (b)   enter into fiscal agency agreements;

  (c)   in relation to the issue of any stock or security:

  (i)   issue information memoranda in relation to the stock or security; and

  (ii)   issue any document necessary for the listing of the stock or security on any stock exchange or security market; and

  (d)   take any action (including the signing of any document) required or permitted to be taken by or on behalf of the Commonwealth:

  (i)   under any agreement referred to in paragraph   ( a) or (b) or following the issue of a document under paragraph   ( c); or

  (ii)   for any purpose relating to the borrowing.



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