Sections 5A, 5B, 5C and 5D (other than paragraphs ( 1)(c) and (2)(c)) of the Loans Securities Act 1919 apply in relation to an obligation that is taken over by the Commonwealth under section 16 or 17 as if that obligation were a borrowing of money outside Australia:
(a) that the Treasurer was authorised to make on behalf of the Commonwealth; and
(b) that the Treasurer made accordingly.