Document ID: chunk:federal_register_of_legislation:C2024C00824:section:30
Version: federal_register_of_legislation:C2024C00824
Segment Type: section
Provision Reference: s 30
Character Range: 54090–55308

30  Gazettal of national interest contracts etc.
 (1) Where EFIC enters into a contract, gives a guarantee or makes a loan in accordance with an approval or direction under this Part, EFIC must cause notice of the contract, guarantee or loan to be published in the Gazette.
 (2) A notice under subsection (1) must set out the following particulars:
 (a) in the case of a contract of insurance or indemnity—particulars of the nature and extent of the insurance or indemnity;
 (b) in the case of a guarantee—particulars of the nature and extent of the guarantee;
 (c) in the case of a loan—particulars of the amount of the loan and the rate of interest to be charged (if applicable) on the money lent.
 (3) A notice under subsection (1) must also set out particulars of:
 (a) in the case of a contract or guarantee—the proportion of the liability under the contract or guarantee that is to be borne by the Commonwealth; or
 (b) in the case of a loan—the proportion (if any) of the risk associated with the loan that is to be borne by the Commonwealth.
 (4) A notice under subsection (1) must not state the name of any of the parties to a contract or of any person in respect of whom a guarantee has been given by EFIC.