Victorian Current Acts

BORROWING AND INVESTMENT POWERS ACT 1987

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Purpose  
   2.      Commencement  
   3.      Definitions  
   3A.     Application of sections of this Act to authorities  

   PART 2--BORROWING POWERS[1]

           Division 1--General

   4.      General borrowing authorisation  

           Division 2--Financial accommodation

   5.      Financial accommodation by way of overdraft in Australia  
   8.      Financial accommodation in Australia  
   9.      Financial accommodation within or outside Australia  
   10.     Financial leases  
   11.     Financial arrangements  
   11AA.   Limited validation of certain financial transactions  
   11AB.   Assumption of certain obligations and rights  

           Division 3--Guarantees

   12.     Guarantee of overdraft certified by Treasurer  
   13.     Statutory guarantee  
   14.     Guarantee of financial accommodation  
   14A.    Guarantee of certain obligations  
   15.     Guarantee of financial arrangements  
   16.     Appropriation for guarantee  
   17.     Assignment and enforcement of guarantees  

   PART 3--INVESTMENT POWERS

           Division 1--Preliminary

   19.     General investment authorisation  

           Division 2--Investment

   20.     Power to invest moneys  
   20A.    Limited validation of certain investments  
   21.     Trading in investments  
   22.     Underwriting  

   PART 4--CONSEQUENTIAL AMENDMENTS AND TRANSITIONAL PROVISIONS

   26.     Transitional provisions  
   27.     Enforcement of guarantees given before commencement of section  

   PART 5--GUARANTEES ETC. FOR ECONOMIC DEVELOPMENT PROJECTS

   28.     Definitions  
   29.     Treasurer may execute guarantee etc.  
   30.     Provisions applying to guarantees etc. under this Part  

   PART 6--GENERAL

   31.     Regulations  
           ENDNOTES