Document ID: chunk:federal_register_of_legislation:C2007A00161:clause:1_79
Version: federal_register_of_legislation:C2007A00161
Segment Type: clause
Provision Reference: sch 1 cl 79
Character Range: 19537–19978

79  Transitional—borrowings

(1) This item applies to a borrowing that:
 (a) was authorised under subsection 23(2) or (3) of the Future Fund Act 2006; and
 (b) was in existence immediately before the commencement of this item.

(2) The Future Fund Act 2006 has effect, after the commencement of this item, as if the borrowing had been authorised under subsection 23(2) or (3), as the case requires, of that Act as amended by this Schedule.