Document ID: chunk:federal_register_of_legislation:C2004A02018:body:0:p57
Version: federal_register_of_legislation:C2004A02018
Segment Type: other
Provision Reference: 
Character Range: 140636–143237

be given by or on behalf of the Commonwealth unless a provision of an Act (including an Act that came into force before the date of commencement of this section), or a provision of an Ordinance of the Australian Capital Territory (being a provision that was in force immediately before that date), expressly authorizes—
      (c) the giving of the guarantee in respect of the loan; or
      (d) the giving of such a guarantee in respect of loans included in a class of loans in which the loan is included.

Signing reports concerning certain authorities and other bodies
"70ba. Where, under a provision of an enactment, the Auditor-General is authorized or required to submit a report to a Minister in respect of an authority or other body, being an authority or body declared by the regulations to be an authority or body to which this section applies, a report, in respect of the authority or body, of a kind referred to in the provision, being a report signed by an officer authorized by the Auditor-General to do so, may be submitted to the Minister and shall, when it has been so submitted, be deemed to have been submitted to the Minister by the Auditor-General for the purposes of that provision.".
(2) Delegations given by the Minister before, and in force immediately before, the commencement of this section continue in force for the purposes of the Principal Act as amended by this Act as if they had been given under section 70a of the Principal Act as so amended.
(3) The repeal of section 70b of the Principal Act by sub-section (1) does not affect the liability of the Commonwealth under any guarantee made by the Treasurer for and on behalf of the Commonwealth under that section before the commencement of this section.

Writing off, and waiver of rights to, certain moneys and stores
59. Section 70c of the Principal Act is amended by adding at the end thereof the following sub-sections:
"(2) Subject to sub-section (4), the Minister has, on behalf of the Commonwealth, power—
      (a) to waive the right of the Commonwealth—
          (i) to the payment of an amount payable to the Commonwealth or to the payment of an amount included in a class of amounts payable to the Commonwealth; or
          (ii) to the recovery by the Commonwealth of any stores or of stores included in any class of stores; and
      (b) to postpone the right (whether arising under an enactment or otherwise) to payment of a debt payable to the Commonwealth in priority to another debt or to all other debts included in a class of debts.
"(3) The power conferred on the Minister by sub-section (2) is in