Commonwealth Numbered Acts

COMMONWEALTH FUNDS MANAGEMENT LIMITED ACT 1990 No. 13 of 1991 - SECT 46

46. (1) The Commonwealth guarantees:

   (a)  the repayment by the Company of the money initially borrowed by the
        Company for the purpose of carrying out any of its objects; and

   (b)  the payment by the Company of any interest (including any interest on
        that interest) due on that money.

(2) In subsection (1):

"money initially borrowed by the Company" means:

   (a)  if paragraph (b) does not apply - money borrowed by the Company after
        the commencement of this section and before 1 July 1995; or

   (b)  if the total amount of money borrowed by the Company after the
        commencement of this section and before 1 July 1995 exceeds
        $20,000,000 - the first $20,000,000 borrowed by the Company.