Document ID: chunk:federal_register_of_legislation:C2004A05288:clause:1_71c
Version: federal_register_of_legislation:C2004A05288
Segment Type: clause
Provision Reference: sch 1 cl 71C
Character Range: 65925–66506

71C  Security for borrowings

 (1) The Board may give security over the whole or part of its assets for the performance by the Board of any obligation incurred under section 71.

 (2) A wholly-owned subsidiary of the Board may give security over the whole or part of the subsidiary's assets for the performance by the subsidiary of any obligation incurred under section 71.

 (3) A wholly-owned subsidiary of nominated company A may give security over the whole or part of the subsidiary's assets for the performance by the subsidiary of any obligation incurred under section 71.