Victorian Current Acts

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CEMETERIES AND CREMATORIA ACT 2003 - SECT 46

Borrowing powers

    (1)     A cemetery trust may borrow money to enable it to perform its functions and exercise its powers under this Act.

    (2)     A cemetery trust

        (a)     must not borrow money unless the prior approval of the Treasurer has been obtained; and

        (b)     must comply with any conditions imposed by the Treasurer in that approval.

S. 47 amended by No. 9/2020 s. 390(Sch. 1 item 13.2).



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