Document ID: chunk:federal_register_of_legislation:C2014C00390:section:14
Version: federal_register_of_legislation:C2014C00390
Segment Type: section
Provision Reference: s 14
Character Range: 19794–20503

14  Finance Minister may declare that all loans are due and payable
 (1) The Finance Minister may, before the corporatisation date, by writing, declare that the principal amounts of all loans, together with any accrued interest, become due and payable at a time (the repayment time) before the corporatisation date that is stated in the declaration.
 (2) The total of the principal amounts and accrued interest is to be set out in the declaration and is to be the amount agreed between the Commonwealth, New South Wales and Victoria.
 (3) The declaration has effect accordingly.
 (4) The Commonwealth must not lend any money to the Authority after the repayment time except in accordance with this Division.