Commonwealth Consolidated Acts

REGIONAL INVESTMENT CORPORATION ACT 2018 - SECT 47

  (1)   If the Corporation provides a loan to a person, the Corporation may charge the person to recover all or any of the transaction costs incurred by the Corporation in relation to the loan.

  (2)   A cost charged under subsection   ( 1) :

  (a)   is a debt due to the Corporation; and

  (b)   is recoverable by the Corporation in a court of competent jurisdiction.