Western Australian Consolidated Acts Western Australian Consolidated Acts (1) The payment of all
moneys payable by the Treasurer of the State under a guarantee given by him
under the authority of this Act, is hereby guaranteed by the State.
(2) All sums required
by the Treasurer for fulfilling a guarantee so given, shall be charged to the
Consolidated Account, which is hereby to the necessary extent appropriated
accordingly.
(3) Under the
authority of this Act the Treasurer of the State may guarantee the repayment
of any amount borrowed from time to time —
(a) by
the board of a public hospital under the powers conferred by section 17;
or
(b) by
any religious or charitable organization for expenditure on a project in
connection with a private, non-profit hospital or nursing home maintained or
to be maintained by that organization, and which the Minister has certified to
the Treasurer to be an approved borrowing for the purpose of this section.
(4) A guarantee given
under the authority of this Act may extend to the payment of interest on the
amount borrowed and to such other charges in relation to the loan as the
Treasurer may approve.
[Section 17A inserted by No. 16 of 1953
s. 3; amended by No. 10 of 1973 s. 3; No. 6 of 1993
s. 11; No. 49 of 1996 s. 64; No. 77 of 2006 s. 4.]