South Australian Consolidated Acts

FAMILY AND COMMUNITY SERVICES ACT 1972 - SECT 250A

250A—Loans by the Chief Executive Officer to persons in need or distress

The Chief Executive Officer must not lend any money to a person who is in need or distress unless—

            (a)         the Chief Executive Officer is of the opinion that the person will have the means to repay the amount of the loan within a reasonable period of time; and

            (b)         the Chief Executive Officer and the person enter into a written agreement for the repayment of the loan at such time or times and in such manner as may be specified in the agreement.