Commonwealth Numbered Acts

International Fund for Agricultural Development Act 1982 No. 50 of 1982 - SECT 5

5. (1) For the purposes of the payment of the contribution notified by the
Minister under section 4, the Treasurer may, on behalf of Australia, execute
and issue to the Fund promissory notes.

(2) A promissory note issued under sub-section (1)-

   (a)  shall be payable to the Fund;

   (b)  shall be non-negotiable and non-interest-bearing; and

   (c)  shall be payable at its par value on demand.