Commonwealth Consolidated Acts

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SNOWY HYDRO CORPORATISATION ACT 1997 - SECT 17

Borrowing transactions

  (1)   For the purposes of this Subdivision, a borrowing transaction of the Authority is:

  (a)   a loan; or

  (b)   any other transaction that gives rise to a borrowing.

  (2)   For the purposes of this section, borrowing includes borrowing by the issue of stock under regulations made under the Snowy Mountains Hydro - electric Power Act 1949 .



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