17/Nov/2000 - Current (at 31 Dec 2005)
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15. Borrowing powers

The Authority may, with the approval of the Governor

(a) borrow money for the purposes of this Act, and may issue debentures charged on the property and revenues of the Authority to secure the repayment of such money with interest; and

(b) form a sinking fund to liquidate any such loan, and apply its revenue to the contributions to such fund.

[Section 15 amended by No. 6 of 1990 s.10.]


Note: This is not an authorised version. The only authorised version is the hardcopy (printed) version published under authority of the Government Printer, available from the State Law Publisher, 10 William St Perth W.A. 6000.