Document ID: chunk:federal_register_of_legislation:C2025C00105:section:144x
Version: federal_register_of_legislation:C2025C00105
Segment Type: section
Provision Reference: s 144X
Character Range: 100136–100750

144X  Borrowing on overdraft to meet temporary deficit
 (1) The TSRA may borrow money on overdraft from a bank for the sole purpose of meeting a temporary deficit in the money of the TSRA.
 (2) This section is subject to such limits as the Finance Minister determines as to:
 (a) the total amount of money (other than interest) that may be owed by the TSRA at any time as a result of borrowings under this section; and
 (b) the periods for which money may be borrowed under this section.
 (3) In this section:
bank has the same meaning as it has in the Public Governance, Performance and Accountability Act 2013.