Commonwealth Numbered Acts

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MOOMBA-SYDNEY PIPELINE SYSTEM SALE ACT 1994 No. 70, 1994 - SECT 19

Commonwealth-guaranteed debts of the Authority become debts of the Commonwealth
19. (1) By force of this section, all Commonwealth-guaranteed debts of the
Authority cease to be obligations of the Authority and become obligations of
the Commonwealth on the sale day.

(2) The Treasurer may authorise the payment of money to discharge the
Commonwealth-guaranteed debts that become obligations of the Commonwealth,
whether by ending those obligations or otherwise.

(3) The Consolidated Revenue Fund is appropriated for payments under this
section. 


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