Western Australian Consolidated Acts Western Australian Consolidated Acts (1) The Treasurer is
hereby authorised to guarantee —
(a) the
repayment of any amount borrowed from time to time under section 37; and
(b) the
payment of interest and such other charges in respect of such borrowings as he
has approved.
(2) Before a guarantee
is given by the Treasurer under this section, the Authority shall give to the
Treasurer such security as the Treasurer may require and shall execute all
such instruments as may be necessary for the purpose.
(3) The Treasurer
shall cause any money required for fulfilling any guarantee given by him under
this section to be charged to the Consolidated Account which, to the extent
necessary, is hereby appropriated accordingly, and the Treasurer shall cause
any amounts received or recovered from the Authority or otherwise in respect
of moneys so charged by him to be credited to the Consolidated Account.
[Section 39 amended by No. 6 of 1993
s. 11; No. 49 of 1996 s. 64; No. 77 of 2006 s. 4.]