Public Authorities (Financial Arrangements) Act 1987 Public Authorities (Financial Arrangements) Amendment (New South Wales Grains Board) Regulation 2000 (2000-645) [GG No 146 of 10.11.2000, p 11609] (NSW)

2000 No 645

Public Authorities (Financial New South Wales

Arrangements) Amendment (New

South Wales Grains Board)

Regulation 2000

under the

Public Authorities (Financial Arrangements) Act 1987

His Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Public Authorities (Financial Arrangements) Act 1987.

MICHAEL EGAN, M.L.C.,

Treasurer

Explanatory note
The object of this Regulation is to provide the Minister for Agriculture with additional investment powers to enable loans to be provided to the New South Wales Grains Board in connection with payments to producers in accordance with that Act for grain vested in the Board.

This Regulation is made under the Public Authorities (Financial Arrangements) Act 1987, including sections 24 and 43 (the general regulation-making power) and clause 2 (c) of Schedule 4.

Published in Gazette No 146 of 10 November 2000, page 11609	Page 1
[4]
2000 No 645
Clause 1	Public Authorities (Financial Arrangements) Amendment (New South Wales Grains Board) Regulation 2000

Public Authorities (Financial Arrangements)
Amendment (New South Wales Grains Board)
Regulation 2000

1     Name of Regulation

This Regulation is the Public Authorities (Financial Arrangements)
Amendment (New South Wales Grains Board) Regulation 2000.

2 Amendment of Public Authorities (Financial Arrangements) Regulation 2000

The Public Authorities (Financial Arrangements) Regulation 2000 is amended as set out in Schedule 1.

3 Notes

The explanatory note does not form part of this Regulation.

2000 No 645

Public Authorities (Financial Arrangements) Amendment (New South

Wales Grains Board) Regulation 2000

Amendment	Schedule 1
Schedule 1	Amendment

(Clause 2)

Clause 52A

Insert after clause 52:

52A Additional investments—Minister for Agriculture

The following additional investments are prescribed in respect of the Minister for Agriculture for the purposes of clause 2 (c) of Schedule 4 to the Act:

Any loan, made on terms and conditions approved by the Treasurer, to the New South Wales Grains Board (constituted by the Grain Marketing Act 1991) in connection with the making of payments to producers in accordance with that Act before 30 September 2001 for grain vested in the Board so long as the total amount of the loans under this clause does not exceed $13,000,000.

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