Borrowing and Investment Powers (Authority) Regulations 2022 (Vic)
Version No. 007
Borrowing and Investment Powers (Authority) Regulations 2022
S.R. No. 52/2022
Version incorporating amendments as at
2 September 2025
TABLE OF PROVISIONS
Regulation Page
Part 1—Preliminary
1Objectives
2Authorising provision
3Commencement
4Definition
Part 2—Authorities
5Definition of authority
6Application of sections of the Act to authorities
Schedule 1—Authorities and sections specified as applying to them
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Endnotes
1 General information
2 Table of Amendments
3 Explanatory details
Version No. 007
Borrowing and Investment Powers (Authority) Regulations 2022
S.R. No. 52/2022
Version incorporating amendments as at
2 September 2025
PART 1—PRELIMINARY
1Objectives
The objectives of these Regulations are—
(a)to prescribe persons or bodies for the purposes of the definition of authority in section 3(1) of the Borrowing and Investment Powers Act 1987; and
(b)to prescribe sections of the Borrowing and Investment Powers Act 1987 that apply to each authority.
2Authorising provision
These Regulations are made under section 31 of the Borrowing and Investment Powers Act1987.
3Commencement
(1)These Regulations (except Parts 3 and 4) come into operation on 1 July 2022.
(2)Part 3 comes into operation on 1 September 2022.
(3)Part 4 comes into operation on 1 July 2023.
4Definition
In these Regulations—
the Act means the Borrowing and Investment Powers Act 1987.
PART 2—AUTHORITIES
5Definition of authority
For the purposes of the definition of authority in section 3(1) of the Act, a person or body specified in Column 1 of an item in Schedule 1 is prescribed.
6Application of sections of the Act to authorities
For the purposes of section 3A of the Act, a section of the Act specified in Column 2 of an item in Schedule 1 is prescribed as applying to the authority specified in Column 1 of that item.
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* * * * *
SCHEDULE 1—AUTHORITIES AND SECTIONS SPECIFIED AS APPLYING TO THEM
Part 1—Councils
| Item | Column 1 Authority | Column 2 Sections that apply | |
| 1. | Alpine Shire Council | 5, 8, 11, 13, 15 | |
| 2. | Ararat Rural City Council | 5, 8, 11, 13, 15 | |
| 3. | Ballarat City Council | 5, 8, 11, 13, 15 | |
| 4. | Banyule City Council | 5, 8, 11, 13, 15 | |
| 5. | Bass Coast Shire Council | 5, 8, 11, 13, 15 | |
| 6. | Baw Baw Shire Council | 5, 8, 11, 13, 15 | |
| 7. | Bayside City Council | 5, 8, 11, 13, 15 | |
| 8. | Benalla Rural City Council | 5, 8, 11, 13, 15 | |
| 9. | Boroondara City Council | 5, 8, 11, 13, 15 | |
| 10. | Borough of Queenscliffe | 5, 8, 11, 13, 15 | |
| 11. | Brimbank City Council | 5, 8, 11, 13, 15 | |
| 12. | Buloke Shire Council | 5, 8, 11, 13, 15 | |
| 13. | Campaspe Shire Council | 5, 8, 11, 13, 15 | |
| 14. | Cardinia Shire Council | 5, 8, 11, 13, 15 | |
| 15. | Casey City Council | 5, 8, 11, 13, 15 | |
| 16. | Central Goldfields Shire Council | 5, 8, 11, 13, 15 | |
| 17. | Colac Otway Shire Council | 5, 8, 11, 13, 15 | |
| 18. | Corangamite Shire Council | 5, 8, 11, 13, 15 | |
| 19. | Darebin City Council | 5, 8, 11, 13, 15 | |
| 20. | East Gippsland Shire Council | 5, 8, 11, 13, 15 | |
| 21. | Frankston City Council | 5, 8, 11, 13, 15 | |
| 22. | Gannawarra Shire Council | 5, 8, 11, 13, 15 | |
| 23. | Glen Eira City Council | 5, 8, 11, 13, 15 | |
| 24. | Glenelg Shire Council | 5, 8, 11, 13, 15 | |
| 25. | Golden Plains Shire Council | 5, 8, 11, 13, 15 | |
| 26. | Greater Bendigo City Council | 5, 8, 11, 13, 15 | |
| 27. | Greater Dandenong City Council | 5, 8, 11, 13, 15 | |
| 28. | Greater Geelong City Council | 5, 8, 11, 13, 15 | |
| 29. | Greater Shepparton City Council | 5, 8, 11, 13, 15 | |
| 30. | Hepburn Shire Council | 5, 8, 11, 13, 15 | |
| 31. | Hindmarsh Shire Council | 5, 8, 11, 13, 15 | |
| 32. | Hobsons Bay City Council | 5, 8, 11, 13, 15 | |
| 33. | Horsham Rural City Council | 5, 8, 11, 13, 15 | |
| 34. | Hume City Council | 5, 8, 11, 13, 15 | |
| 35. | Indigo Shire Council | 5, 8, 11, 13, 15 | |
| 36. | Kingston City Council | 5, 8, 11, 13, 15 | |
| 37. | Knox City Council | 5, 8, 11, 13, 15 | |
| 38. | Latrobe City Council | 5, 8, 11, 13, 15 | |
| 39. | Loddon Shire Council | 5, 8, 11, 13, 15 | |
| 40. | Macedon Ranges Shire Council | 5, 8, 11, 13, 15 | |
| 41. | Manningham City Council | 5, 8, 11, 13, 15 | |
| 42. | Mansfield Shire Council | 5, 8, 11, 13, 15 | |
| 43. | Maribyrnong City Council | 5, 8, 11, 13, 15 | |
| 44. | Maroondah City Council | 5, 8, 11, 13, 15 | |
| 45. | Melbourne City Council | 5, 8, 11, 13, 15 | |
| 46. | Melton City Council | 5, 8, 11, 13, 15 | |
| 47. | Mildura Rural City Council | 5, 8, 11, 13, 15 | |
| 48. | Mitchell Shire Council | 5, 8, 11, 13, 15 | |
| 49. | Moira Shire Council | 5, 8, 11, 13, 15 | |
| 50. | Monash City Council | 5, 8, 11, 13, 15 | |
| 51. | Moonee Valley City Council | 5, 8, 11, 13, 15 | |
| 52. | Moorabool Shire Council | 5, 8, 11, 13, 15 | |
| 53. | Moreland City Council | 5, 8, 11, 13, 15 | |
| 54. | Mornington Peninsula Shire Council | 5, 8, 11, 13, 15 | |
| 55. | Mount Alexander Shire Council | 5, 8, 11, 13, 15 | |
| 56. | Moyne Shire Council | 5, 8, 11, 13, 15 | |
| 57. | Murrindindi Shire Council | 5, 8, 11, 13, 15 | |
| 58. | Nillumbik Shire Council | 5, 8, 11, 13, 15 | |
| 59. | Northern Grampians Shire Council | 5, 8, 11, 13, 15 | |
| 60. | Port Phillip City Council | 5, 8, 11, 13, 15 | |
| 61. | Pyrenees Shire Council | 5, 8, 11, 13, 15 | |
| 62. | South Gippsland Shire Council | 5, 8, 11, 13, 15 | |
| 63. | Southern Grampians Shire Council | 5, 8, 11, 13, 15 | |
| 64. | Stonnington City Council | 5, 8, 11, 13, 15 | |
| 65. | Strathbogie Shire Council | 5, 8, 11, 13, 15 | |
| 66. | Surf Coast Shire Council | 5, 8, 11, 13, 15 | |
| 67. | Swan Hill Rural City Council | 5, 8, 11, 13, 15 | |
| 68. | Towong Shire Council | 5, 8, 11, 13, 15 | |
| 69. | Wangaratta Rural City Council | 5, 8, 11, 13, 15 | |
| 70. | Warrnambool City Council | 5, 8, 11, 13, 15 | |
| 71. | Wellington Shire Council | 5, 8, 11, 13, 15 | |
| 72. | West Wimmera Shire Council | 5, 8, 11, 13, 15 | |
| 73. | Whitehorse City Council | 5, 8, 11, 13, 15 | |
| 74. | Whittlesea City Council | 5, 8, 11, 13, 15 | |
| 75. | Wodonga City Council | 5, 8, 11, 13, 15 | |
| 76. | Wyndham City Council | 5, 8, 11, 13, 15 | |
| 77. | Yarra City Council | 5, 8, 11, 13, 15 | |
| 78. | Yarra Ranges Shire Council | 5, 8, 11, 13, 15 | |
| 79. | Yarriambiack Shire Council | 5, 8, 11, 13, 15 | |
Part 2—Educational institutions
| Item | Column 1 Authority | Column 2 Sections that apply | |
| 80. | Bendigo Kangan Institute | 10 | |
| 81. | Box Hill Institute | 10 | |
| 82. | Chisholm Institute | 10 | |
| 83. | Gippsland Institute of Technical and Further Education | 10 | |
| 84. | Gordon Institute of TAFE | 10 | |
| 85. | Holmesglen Institute | 5, 8, 10, 11, 14, 15, 20, 20A | |
| 86. | Sunraysia Institute of TAFE | 10 | |
| 87. | William Angliss Institute of TAFE | 10 | |
Part 3—Public hospitals and public health services
| Item | Column 1 Authority | Column 2 Sections that apply |
| 88. | Albury Wodonga Health | 11, 15 |
| 89. | Alexandra District Health | 11, 15 |
| 90. | Alfred Health | 11, 15 |
| 91. | Austin Health | 11, 15 |
| 92. | Bairnsdale Regional Health Service | 11, 15 |
| 93. | Barwon Health | 11, 15 |
| 94. | Bass Coast Health | 11, 15 |
| 95. | Beaufort and Skipton Health Service | 11, 15 |
| 96. | Beechworth Health Service | 11, 15 |
| 97. | Benalla Health | 11, 15 |
| 98. | Bendigo Health | 11, 15 |
| 99. | Boort District Health | 11, 15 |
| 100. | Casterton Memorial Hospital | 11, 15 |
| 101. | Central Gippsland Health Service | 11, 15 |
| 102. | Central Highlands Rural Health | 11, 15 |
| 103. | Cohuna District Hospital | 11, 15 |
| 104. | Colac Area Health | 11, 15 |
| 105. | Dental Health Services Victoria | 11, 15 |
| 106. | Dhelkaya Health | 11, 15 |
| 107. | East Grampians Health Service | 11, 15 |
| 108. | East Wimmera Health Service | 11, 15 |
| 109. | Eastern Health | 11, 15 |
| 110. | Echuca Regional Health | 11, 15 |
| 111. | Gippsland Southern Health Service | 11, 15 |
| 112. | Goulburn Valley Health | 11, 15 |
| 113. | Grampians Health | 11, 15 |
| 114. | Great Ocean Road Health | 11, 15 |
| 115. | Heathcote Health | 11, 15 |
| 116. | Hesse Rural Health Service | 11, 15 |
| 117. | Heywood Rural Health | 11, 15 |
| 118. | Inglewood and Districts Health Service | 11, 15 |
| 119. | Kerang District Health | 11, 15 |
| 120. | Kilmore District Health | 11, 15 |
| 121. | Kooweerup Regional Health Service | 11, 15 |
| 122. | Kyabram District Health Service | 11, 15 |
| 123. | Latrobe Regional Hospital | 11, 15 |
| 124. | Mansfield District Hospital | 11, 15 |
| 125. | Maryborough District Health Service | 11, 15 |
| 126. | Melbourne Health | 11, 15 |
| 127. | Mildura Base Public Hospital | 11, 15 |
| 128. | Monash Health | 11, 15 |
| 129. | Moyne Health Services | 11, 15 |
| 130. | NCN Health | 11, 15 |
| 131. | Northeast Health Wangaratta | 11, 15 |
| 132. | Northern Health | 11, 15 |
| 133. | Omeo District Health | 11, 15 |
| 134. | Peninsula Health | 11, 15 |
| 135. | Peter MacCallum Cancer Institute | 11, 15 |
| 136. | Portland District Health | 11, 15 |
| 137. | Rochester and Elmore District Health Service | 11, 15 |
| 138. | Rural Northwest Health | 11, 15 |
| 139. | Seymour Health | 11, 15 |
| 140. | South Gippsland Hospital | 11, 15 |
| 141. | South West Healthcare | 11, 15 |
| 142. | Swan Hill District Health | 11, 15 |
| 143. | Tallangatta Health Service | 11, 15 |
| 144. | Terang and Mortlake Health Service | 11, 15 |
| 145. | The Queen Elizabeth Centre | 11, 15 |
| 146. | The Royal Children's Hospital | 11, 15 |
| 147. | The Royal Victorian Eye and Ear Hospital | 11, 15 |
| 148. | The Royal Women's Hospital | 11, 15 |
| 149. | Tweddle Child and Family Health Service | 11, 15 |
| 150. | West Gippsland Healthcare Group | 11, 15 |
| 151. | West Wimmera Health Service | 11, 15 |
| 152. | Western District Health Service | 11, 15 |
| 153. | Western Health | 11, 15 |
| 154. | Yarram and District Health Service | 11, 15 |
| 155. | Yarrawonga Health | 11, 15 |
| 156. | Yea and District Memorial Hospital | 11, 15 |
Part 4—Water authorities
| Item | Column 1 Authority | Column 2 Sections that apply | |
| 157. | Barwon Region Water Corporation | 5, 8, 11, 11AA, 12, 14, 20, 20A, 21 | |
| 158. | Central Gippsland Region Water Corporation | 5, 8, 11, 11AA, 12, 14, 20, 20A, 21 | |
| 159. | Central Highlands Region Water Corporation | 5, 8, 11, 11AA, 12, 14, 20, 20A, 21 | |
| 160. | Coliban Region Water Corporation | 5, 8, 11, 11AA, 12, 14, 15, 20, 20A, 21 | |
| 161. | East Gippsland Region Water Corporation | 5, 8, 11, 11AA, 12, 14, 20, 20A, 21 | |
| 162. | Gippsland and Southern Rural Water Corporation | 5, 8, 9, 10, 11, 11AA, 13, 14, 15, 20, 20A, 21 | |
| 163. | Goulburn-Murray Rural Water Corporation. | 5, 8, 9, 10, 11, 11AA, 13, 14, 15, 20, 20A, 21 | |
| 164. | Goulburn Valley Region Water Corporation | 5, 8, 11, 11AA, 12, 14, 20, 20A, 21 | |
| 165. | Grampians Wimmera Mallee Water Corporation | 5, 8, 11, 11AA, 12, 14, 20, 20A, 21 | |
| 166. | Greater Western Water Corporation | 5, 8, 9, 10, 11, 11AA, 13, 14, 15, 20, 20A, 21 | |
| 167. | Lower Murray Urban and Rural Water Corporation | 5, 8, 11, 11AA, 12, 14, 20, 20A, 21 | |
| 168. | Melbourne Water Corporation | 5, 8, 9, 10, 11, 11AA, 13, 14, 15, 20, 20A, 21 | |
| 169. | North East Region Water Corporation | 5, 8, 11, 11AA, 12, 14, 20, 20A, 21 | |
| 170. | South East Water Corporation | 5, 8, 9, 10, 11, 11AA, 13, 14, 15, 20, 20A, 21 | |
| 171. | South Gippsland Region Water Corporation | 5, 8, 11, 11AA, 12, 14, 20, 20A, 21 | |
| 172. | Wannon Region Water Corporation | 5, 8, 11, 11AA, 12, 14, 15, 20, 20A, 21 | |
| 173. | Westernport Region Water Corporation | 5, 8, 11, 11AA, 12, 14, 20, 20A, 21 | |
| 174. | Yarra Valley Water Corporation | 5, 8, 9, 10, 11, 11AA, 12, 13, 14, 15, 20, 20A, 21 | |
Part 5—Other authorities
| Item | Column 1 Authority | Column 2 Sections that apply | ||
| 175. | 2007 World Swimming Championships Corporation | 5, 8, 10, 11, 11AA, 11AB, 12, 14, 14A, 15, 20, 20A, 21 | ||
| 176. | Aboriginal Heritage Council | 5, 8, 11, 12, 14, 15, 20, 20A, 21 | ||
| 177. | Australian Centre for the Moving Image | 5, 8, 11, 13, 20, 20A, 21 | ||
| 178. | Australian Grand Prix Corporation | 5, 8, 10, 11, 11AA, 13, 15, 20, 20A, 21 | ||
| 179. | Construction Industry Long Service Leave Board | 5, 11, 11AA, 12, 20, 20A, 21, 22 | ||
| 180. | Council of Trustees of the National Gallery of Victoria | 5, 8, 11, 12, 20, 20A, 21 | ||
| 181. | Country Fire Authority | 5, 8, 10, 11, 11AA, 12, 14, 15, 20, 20A, 21 | ||
| 182. | Dairy Food Safety Victoria | 5, 8, 10, 12, 14, 20, 20A, 21 | ||
| 183. | Development Victoria | 5, 8, 10, 11, 11AA, 11AB, 12, 13, 14, 14A, 15, 20, 20A, 21 | ||
| 184. | Director of Housing | 5, 8, 10, 11, 11AA, 13, 14, 15, 20, 20A, 21 | ||
| 185. | East Gippsland Catchment Management Authority | 10 | ||
| 186. | Emergency Services Superannuation Board | 5, 8, 11, 11AA, 12, 14, 15, 20, 20A, 21, 22 | ||
| 187. | Energy Safe Victoria | 5, 8, 10, 11, 11AA, 12, 14, 15, 20, 20A, 21 | ||
| 188. | Falls Creek Alpine Resort Management Board | 5, 8, 11, 11AA, 11AB, 12, 14, 14A, 20, 20A, 21 | ||
| 189. | Film Victoria | 5, 8, 11, 13, 20, 20A, 21 | ||
| 190. | Fire Rescue Victoria | 5, 8, 10, 11, 11AA, 12, 14, 15, 20, 20A, 21 | ||
| 191. | Generation Victoria | 5, 8, 9, 10, 11, 11AA, 14, 15, 20, 20A, 21 | ||
| 192. | Glenelg Hopkins Catchment Management Authority | 10 | ||
| 193. | Goulburn Broken Catchment Management Authority | 10 | ||
| 193A. | Great Ocean Road Coast and Parks Authority | 5, 8, 10, 11, 12, 13, 14, 15, 20, 21 | ||
| 194. | Health Purchasing Victoria | 11, 15 | ||
| 195. | Heritage Council | 5, 8, 10, 11, 12, 13, 14, 20, 21 | ||
| 196. | Kardinia Park Stadium Trust | 5, 8, 10, 11, 12, 13, 14, 20, 21 | ||
| 197. | Lake Mountain Alpine Resort Management Board | 5, 8, 11, 11AA, 11AB, 12, 14, 14A, 20, 20A, 21 | ||
| 198. | LanguageLoop | 5, 8, 10, 11, 13, 15 | ||
| 199. | Library Board of Victoria | 5, 8, 11, 12, 20, 20A, 21 | ||
| 200. | Mallee Catchment Management Authority | 10 | ||
| 201. | Melbourne 2006 Commonwealth Games Corporation | 5, 8, 10, 11, 11AA, 11AB, 12, 14, 14A, 15, 20, 20A, 21 | ||
| 202. | Melbourne and Olympic Parks Trust | 5, 8, 10, 12, 14, 20, 21 | ||
| 203. | Melbourne Arts Precinct Corporation | 5, 8, 10, 11, 13, 15 | ||
| 204. | Melbourne Convention and Exhibition Trust | 5, 8, 10, 11, 11AA, 12, 14, 20, 21 | ||
| 205. | Melbourne Market Authority | 5, 8, 11, 13, 14, 15, 20, 20A | ||
| 206. | Mount Buller Alpine Resort Management Board | 5, 8, 11, 11AA, 11AB, 12, 14, 14A, 20, 20A, 21 | ||
| 207. | Mount Hotham Alpine Resort Management Board | 5, 8, 11, 11AA, 11AB, 12, 14, 14A, 20, 20A, 21 | ||
| 208. | Museums Board of Victoria | 5, 8, 11, 12, 20 20A, 21 | ||
| 209. | North East Catchment Management Authority | 10 | ||
| 210. | North East Link State Tolling Corporation | 5, 8, 9, 10, 11, 11AA, 11AB, 13, 14, 14A, 15, 20, 20A | ||
| 211. | Parks Victoria | 5, 8, 10, 11, 11AA, 12, 14, 20, 20A, 21 | ||
| 212. | Port of Hastings Development Corporation | 5, 8, 10, 11, 11AA, 11AB, 13, 14, 14A, 15, 20, 20A, 21 | ||
| 213. | Port of Melbourne Authority | 5, 8, 10, 11, 11AA, 13, 14, 15, 20, 20A, 21 | ||
| 214. | Ports Victoria | 5, 8, 10, 11, 11AA, 11AB, 13, 14, 14A, 15, 20, 20A, 21 | ||
| 215. | Public Transport Corporation | 5, 8, 10, 11, 11AA, 11AB, 12, 13, 14, 14A, 15, 20, 20A, 21 | ||
| 215A. | Puffing Billy Railway Board | 5, 8, 10, 11, 13, 15 | ||
| 216. | Queen Victoria Women's Centre Trust | 5, 20, 20A, 21 | ||
| 217. | Registrar of Housing Agencies | 5, 8, 10, 11, 11AA, 13, 14, 15, 20, 20A, 21 | ||
| 218. | Roads Corporation | 10, 11, 15 | ||
| 218A. | SEC Energy Pty Ltd (ACN 670 408 134) | 8, 10, 11, 13, 14, 15 | ||
| 218B. | SEC Infrastructure Pty Ltd (ACN 670 408 125) | 8, 10, 11, 13, 14, 15 | ||
| 218C. | SEC Victoria Pty Ltd (ACN 670 408 116) | 8, 10, 11, 13, 14, 15 | ||
| * * * * * | ||||
| 220. | State Sport Centres Trust | 5, 8, 13, 20, 21 | ||
| 221. | Suburban Rail Loop Authority | 5, 9, 10, 11, 11AA, 11AB, 12, 13, 14, 14A, 15, 20, 20A, 21, 22 | ||
| 222. | Tourism Victoria | 11, 11AA | ||
| 223. | Transport Accident Commission | 5, 8, 11, 11AA, 13, 14, 20, 21, 22 | ||
| 224. | Transport Ticketing Authority | 11, 15 | ||
| 225. | Treasury Corporation of Victoria | Subject to the Treasury Corporation of Victoria Act 1992, 5, 8, 9, 10, 11, 11AA, 11AB, 13, 14, 14A, 15, 20, 20A, 21, 22 | ||
| 226. | VENCorp | 5, 8, 9, 10, 11, 11AA, 14, 15, 20, 20A, 21 | ||
| 227. | VicForests | 5, 8, 12, 14, 20, 20A, 21 | ||
| 227A. | VicGrid Body Corporate | 8, 9, 10, 11, 11AB, 13, 14, 14A, 15, 20, 21 | ||
| 228. | Victoria State Emergency Service | 10 | ||
| 229. | Victorian Arts Centre Trust | 5, 8, 11, 13, 15, 20, 20A, 21 | ||
| 230. | Victorian Curriculum and Assessment Authority | 20, 20A, 21 | ||
| 231. | Victorian Equal Opportunity and Human Rights Commission | 10 | ||
| 232. | Victorian Funds Management Corporation | 5, 8, 10, 11, 11AA, 13, 14, 15, 20, 20A, 21, 22 | ||
| 233. | Victorian Managed Insurance Authority | 5, 8, 11, 11AA, 13, 14, 15 20, 20A, 21, 22 | ||
| 234. | Victorian Meat Authority | 5, 8, 10, 12, 14, 20, 20A, 21 | ||
| 235. | Victorian Plantations Corporation | 5, 8, 10, 11, 12, 14, 20, 20A, 21 | ||
| 236. | Victorian Rail Track | 5, 8, 10, 11, 11AA, 11AB, 13, 14, 14A, 15, 20, 20A, 21 | ||
| 237. | Victorian Registration and Qualifications Authority | 20, 20A, 21 | ||
| 238. | Victorian WorkCover Authority | 5, 8, 11, 11AA, 13, 14, 20, 21, 22 | ||
| 239. | Visit Victoria | 11, 15 | ||
| 240. | V/Line Corporation | 5, 8, 10, 11, 11AA, 11AB, 13, 14, 14A, 15, 20, 20A, 21 | ||
| 241. | West Gippsland Catchment Management Authority | 10 | ||
| 242. | Wimmera Catchment Management Authority | 10 | ||
| 243. | Zoological Parks and Gardens Board | 5, 8, 11, 11AA, 12, 14, 15, 20, 20A, 21 | ||
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ENDNOTES
1 General information
See for Victorian Bills, Acts and current Versions of legislation and up-to-date legislative information.
The Borrowing and Investment Powers (Authority) Regulations 2022, S.R. No. 52/2022 were made on 30 June 2022 by the Lieutenant-Governor as the Governor's deputy, with the advice of the Executive Council, under section 31 of the Borrowing and Investment Powers Act1987, No. 13/1987 and came into operation as follows:
Parts 1, 2 (regulations 1–6) on 1 July 2022: regulation 3(1); Part 3 (regulations 7, 8) on 1 September 2022: regulation 3(2); Part 4 (regulations 9, 10) on 1 July 2023: regulation 3(3).
The Borrowing and Investment Powers (Authority) Regulations 2022 will sunset 10 years after the day of making on 30 June 2032 (see section 5 of the Subordinate Legislation Act 1994).
INTERPRETATION OF LEGISLATION ACT 1984 (ILA)
Style changes
Section 54A of the ILA authorises the making of the style changes set out in Schedule 1 to that Act.
References to ILA s. 39B
Sidenotes which cite ILA s. 39B refer to section 39B of the ILA which provides that where an undivided regulation, rule or clause of a Schedule is amended by the insertion of one or more subregulations, subrules or subclauses the original regulation, rule or clause becomes subregulation, subrule or subclause (1) and is amended by the insertion of the expression "(1)" at the beginning of the original regulation, rule or clause.
Interpretation
As from 1 January 2001, amendments to section 36 of the ILA have the following effects:
• Headings
All headings included in a Statutory Rule which is made on or after
1 January 2001 form part of that Statutory Rule. Any heading inserted in a Statutory Rule which was made before 1 January 2001, by a Statutory Rule made on or after 1 January 2001, forms part of that Statutory Rule.
This includes headings to Parts, Divisions or Subdivisions in a Schedule; Orders; Parts into which an Order is divided; clauses; regulations; rules; items; tables; columns; examples; diagrams; notes or forms.
See section 36(1A)(2A)(2B).
• Examples, diagrams or notes
All examples, diagrams or notes included in a Statutory Rule which is made on or after 1 January 2001 form part of that Statutory Rule. Any examples, diagrams or notes inserted in a Statutory Rule which was made before 1 January 2001, by a Statutory Rule made on or after 1 January 2001, form part of that Statutory Rule. See section 36(3A).
• Punctuation
All punctuation included in a Statutory Rule which is made on or after
1 January 2001 forms part of that Statutory Rule. Any punctuation inserted in a Statutory Rule which was made before 1 January 2001, by a Statutory Rule made on or after 1 January 2001, forms part of that Statutory Rule.
See section 36(3B).
• Provision numbers
All provision numbers included in a Statutory Rule form part of that Statutory Rule, whether inserted in the Statutory Rule before, on or after
1 January 2001. Provision numbers include regulation numbers, rule numbers, subregulation numbers, subrule numbers, paragraphs and subparagraphs. See section 36(3C).
• Location of "legislative items"
A "legislative item" is a penalty, an example or a note. As from 13 October 2004, a legislative item relating to a provision of a Statutory Rule is taken to be at the foot of that provision even if it is preceded or followed by another legislative item that relates to that provision. For example, if a penalty at the foot of a provision is followed by a note, both of these legislative items will be regarded as being at the foot of that provision. See section 36B.
• Other material
Any explanatory memorandum, table of provisions, endnotes, index and other material printed after the Endnotes does not form part of a Statutory Rule. See section 36(3)(3D)(3E).
2 Table of Amendments
This publication incorporates amendments made to the Borrowing and Investment Powers (Authority) Regulations 2022 by statutory rules, subordinate instruments and Acts.
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Borrowing and Investment Powers (Authority) Regulations 2022, S.R. No. 52/2022
Date of Making: 30.6.22 Date of Commencement: Regs 7, 8 on 1.9.22: reg. 3(2); regs 9, 10 on 1.7.23: reg. 3(3) Note: Reg. 8 revoked Pt 3 (regs 7, 8) on 2.9.22; reg. 10 revoked Pt 4 (regs 9, 10) on 2.7.23
Borrowing and Investment Powers (Authority) Amendment Regulations 2024, S.R. No. 111/2024
Date of Making: 15.10.24 Date of Commencement: 15.10.24
Borrowing and Investment Powers (Authority) Amendment Regulations 2025, S.R. No. 87/2025
Date of Making: 2.9.25 Date of Commencement: 2.9.25
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3 Explanatory details
No entries at date of publication.
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