Document ID: chunk:federal_register_of_legislation:C2018C00042:section:77
Version: federal_register_of_legislation:C2018C00042
Segment Type: section
Provision Reference: s 77
Character Range: 64858–65514

77  Commonwealth may pay the FAC an amount to enable the FAC to discharge or extinguish its liability under a borrowing transaction
 (1) The Finance Minister may, determine in writing that there is to be paid to the FAC, at a specified time, a specified amount.
 (2) The determination has effect accordingly.
 (3) The amount is payable to the FAC subject to a condition that the amount is to be used by the FAC to discharge or extinguish the FAC's liability under a borrowing transaction specified in the determination.
Note: A borrowing transaction may be specified by name, by inclusion in a specified class or in any other way.

Part 11—Prosecutions