Document ID: chunk:federal_register_of_legislation:F2025C00077:reg:21a
Version: federal_register_of_legislation:F2025C00077
Segment Type: reg
Provision Reference: reg 21A
Character Range: 124576–125148

21A  Borrowing by corporate Commonwealth entities

      Guide to this section
      The purpose of this section is to authorise borrowing of money by a corporate Commonwealth entity.
      This section is made for paragraph 57(1)(c) of the Act.
  A borrowing of money by a corporate Commonwealth entity is authorised if:
 (a) the borrowing is the obtaining of credit by way of credit card, credit voucher or similar credit facility; and
 (b) the agreement for the borrowing requires the amount borrowed to be repaid by the entity within 90 days.

Division 4—Investment