Queensland Consolidated Acts Queensland Consolidated Acts(1) Government stock or inscribed stock issued or created and delivered or sold under the authority of this Act may, if the Governor in Council so directs, and subject to the provisions of the Commonwealth and States Financial Agreement Act 1927, be issued or created and delivered or sold subject to the condition that a proportion of the principal moneys representing that stock shall be redeemed at stated intervals during the period of the currency of that stock, or to a condition that a certain amount shall be set apart at fixed periods for the purpose of purchasing that stock at a price and on the terms and conditions as the Governor in Council considers desirable.
(2) Moneys so set apart may be payable to any financial institution or agent approved by the Governor in Council, to be defrayed by that financial institution or agent for the purpose aforesaid.