Document ID: chunk:federal_register_of_legislation:C2024C00824:front:0:p2
Version: federal_register_of_legislation:C2024C00824
Segment Type: other
Provision Reference: 
Character Range: 2698–5700

contracts
15 Reinsurance etc. in relation to business of EFIC
16 Guarantees and subsidies in relation to loans to Australian suppliers
17 Guarantees and subsidies in relation to loans to overseas buyers etc.
18 Guarantees to co‑lenders in relation to export transactions
18A Guarantees in relation to overseas infrastructure development
19 Tender guarantees and performance guarantees
20 Reinsurance of guarantees, insurance etc. relating to export business etc.
21 Approved causes of loss
22 Insurance in respect of overseas investment transactions
23 Loans to finance eligible export transactions
23A Loans to support overseas infrastructure development
23B Services and products to support EFIC's national economy and net zero transformation functions
23C Approval required before providing services or products to finance certain coal, crude oil or natural gas activities
Part 5—National interest transactions
24 Interpretation
25 Reference of applications to Minister
26 Ministerial directions regarding reference of applications
27 Approval of EFIC entering into contracts etc.
28 Conditional approvals
29 Ministerial directions regarding entry into national interest contracts etc.
30 Gazettal of national interest contracts etc.
31 Reinsurance etc. in relation to EFIC business under Part 5
Part 6—Board
32 Establishment of the Board
33 Functions of the Board
34 Membership of the Board
35 Term of office and conditions of office of members
36 Terms and conditions of appointment
37 Remuneration etc. of appointed members
38 Acting Chairperson and acting Deputy Chairperson
39 Acting members
40 Leave of absence of appointed members
41 Resignation of appointed members
42 General provision for termination of appointment of appointed members
43 Termination of appointment of appointed members at instance of Board or for non‑performance etc.
44 Meetings of the Board
46 Resolutions without meetings
47 Committees
Part 7—Corporate plans
49 Matters to be included in corporate plans
Part 8—Finance
52 Capital of EFIC
53 Transfers to capital from reserves
54 Callable capital of EFIC
55 Payment of annual dividends to the Commonwealth
55A Payment of additional dividends to the Commonwealth
56 Maintenance of adequate capital and reserves
58 Borrowings from the Commonwealth
59 Other borrowings
60 Security
61 Limitation on borrowing etc.
61A Debt neutrality charge
62 Guarantee by Commonwealth
62A Guarantee fees
63 Exemptions from taxation
63A Tax‑equivalent payments
64 Transactions in the national interest: EFIC share of liability
65 Contracts and guarantees in the national interest
66 Loans made in the national interest
66A DIFF loans—assumption of risk by the Commonwealth
67 Subsidy to EFIC
68 Maximum contingent liability under Part 4
69 Limit of total amount of loans under Part 4
70 Annual report
Part 9—Managing Director and Deputy Managing Director
71 Appointment of Managing Director and Deputy Managing Director
72 Appointments to be full‑time and at Board's pleasure
73 Terms and