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rfb1999221

Course: RFB 1999221, Fall 2009
School: Allan Hancock College
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OF PARLIAMENT VICTORIA Rural Finance (Amendment) Act 1999 Act No. TABLE OF PROVISIONS Clause Page 1. Purpose 1 2. Commencement 1 3. New section 21 substituted 2 21. Deposits...

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OF PARLIAMENT VICTORIA Rural Finance (Amendment) Act 1999 Act No. TABLE OF PROVISIONS Clause Page 1. Purpose 1 2. Commencement 1 3. New section 21 substituted 2 21. Deposits 2 4. Statute law revision 2 NOTES 3 i 532178B.I1-13/4/99 PARLIAMENT OF VICTORIA A BILL to amend the Rural Finance Act 1988 and for other purposes. Rural Finance (Amendment) Act 1999 The Parliament of Victoria enacts as follows: 1. Purpose The main purpose of this Act is amend the Rural Finance Corporation's deposit-taking powers. 2. Commencement 5 This Act comes into operation on the day on which it receives the Royal Assent. 1 532178B.I1-13/4/99 Rural Finance (Amendment) Act 1999 s. 3 Act No. 3. New section 21 substituted No. 44/1988. For section 21 of the Rural Finance Act 1988 Reprint No. 1 substitute-- as at 10 October "21. Deposits 1996. Further amended by 5 (1) The Corporation may receive money on No. 46/1998. deposit-- (a) as security under section 18; or (b) as provided section in 32(5)(b); or (c) in accordance with an authority under 10 sub-section (2). (2) The Treasurer may, by notice published in the Government Gazette, authorise the Corporation to accept money on deposit subject to any conditions that are specified in 15 the notice. (3) The conditions referred to in sub-section (2) may include conditions as to the amount of a deposit or the manner in which, or term for which, the deposit is held or invested by the 20 Corporation or any other conditions that the Treasurer determines.". 4. Statute law revision In sec...

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