Commonwealth Consolidated Acts

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SNOWY HYDRO CORPORATISATION ACT 1997 - SECT 19

Application of the Loans Securities Act 1919

    Sections   5A, 5B, 5C and 5D (other than paragraphs   ( 1)(c) and (2)(c)) of the Loans Securities Act 1919 apply in relation to a borrowing that becomes a borrowing of the Commonwealth under section   18 as if that borrowing 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.



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