Document ID: chunk:federal_register_of_legislation:C2018C00042:section:69
Version: federal_register_of_legislation:C2018C00042
Segment Type: section
Provision Reference: s 69
Character Range: 61524–62107

69  Commonwealth may pay the FAC an amount equal to the amount owing
 (1) If an amount becomes due and payable to the Commonwealth because of section 68, the Finance Minister may determine in writing that the Commonwealth is liable to pay the FAC an amount equal to that amount.
 (2) The determination has effect accordingly.
 (3) The amount payable under subsection (1) may be set‑off against the amount that became due and payable because of section 68.
 (4) The amount payable under subsection (1) becomes part of the capital of the FAC.

Division 3—Other borrowing transactions