Document ID: chunk:federal_register_of_legislation:C2024C00824:section:61a
Version: federal_register_of_legislation:C2024C00824
Segment Type: section
Provision Reference: s 61A
Character Range: 77220–77916

61A  Debt neutrality charge
 (1) The responsible Ministers may inform EFIC in writing of arrangements that are to apply to EFIC in relation to a debt neutrality charge to be paid by EFIC to the Commonwealth.
 (2) The arrangements may specify:
 (a) the period in respect of which a debt neutrality charge is payable; and
 (b) the amount of the charge, or the way in which it is to be worked out; and
 (c) the period within which the amount must be paid by EFIC to the Commonwealth.
 (3) EFIC must pay a debt neutrality charge to the Commonwealth in accordance with the arrangements.
 (4) The responsible Ministers may at any time, in writing, vary or revoke arrangements made under this section.