Public Authorities (Financial Arrangements) Act 1987 Regulation amending Public Authorities (Financial Arrangements) Regulation 1995 (1996-29) [GG No 15 of 2.2.1996] (NSW)

1996—No. 29

PUBLIC AUTHORITIES (FINANCIAL ARRANGEMENTS)

ACT 1987—REGULATION

(Relating to the obtaining of financial accommodation by the Tweed-Lismore

Rural Lands Protection Board)

NEW SOUTH WALES

[Published in Gazette No. 15 of 2 February 1996]

HIS Excellency the Governor, with the advice of the Executive Council, and on the recommendation of the Treasurer, and in pursuance of the Public Authorities (Financial Arrangements) Act 1987, has been pleased to make the Regulation set forth hereunder.

Michael Egan
Treasurer.

The Public Authorities (Financial Arrangements) Regulation 1995 is amended by inserting in alphabetical order in Schedule 5 the following words:

Tweed-Lismore Rural Lands Protection Board

EXPLANATORY NOTE

The object of this Regulation is to declare the Tweed-Lismore Rural Lands Protection Board to be an authority for the purposes of Part 2 (Financial accommodation) of the Public Authorities (Financial Arrangements) Act 1987. That Part deals with the ways in which certain public authorities may (for the purpose of exercising their functions), and in accordance with the written approval of the Treasurer, obtain financial accommodation. They may, for example, obtain Treasury advances or enter into contracts, agreements or other transactions with other persons or bodies.

This Regulation is made under the Public Authorities (Financial Arrangements) Act 1987, including section 6.