Western Australian Consolidated Acts Western Australian Consolidated Acts (1) The Authority
may, for the purpose of managing, limiting or reducing perceived risks or
anticipated costs in connection with the exercise of any power conferred by
section 34 —
(a)
enter into an agreement or arrangement to effect any of the following
transactions —
(i)
a foreign exchange transaction;
(ii)
a forward foreign exchange transaction;
(iii)
a currency swap;
(iv)
a forward currency swap;
(v)
a foreign currency cap, a foreign currency collar or a
foreign currency floor;
(vi)
a forward interest rate agreement;
(vii)
an interest rate swap;
(viii)
a forward interest rate swap;
(ix)
an interest rate cap, an interest rate collar or an
interest rate floor;
(x)
an option for interest rate or currency management
purposes;
(xi)
a futures contract or a futures option within the meaning
of the Corporations Act;
(xii)
a transaction of such other class as is approved in
writing by the Minister, with the Treasurer’s concurrence, as a class of
transactions to which this paragraph applies;
or
(b)
enter into an agreement or arrangement to effect any transaction which is a
combination of —
(i)
2 or more transactions permitted under
paragraph (a); or
(ii)
one or more transactions permitted under
paragraph (a) and one or more transactions permitted under
section 34.
(2) In
subsection (1)(a) —
interest rate includes coupon rate, discount rate
and yield.
[Section 35A inserted by No. 67 of 2004
s. 35.]