Borrowing and Investment Powers Amendment Act 2013
Authorised by the Chief Parliamentary Counsel
Authorised Version
i
Borrowing and Investment Powers Amendment Act
2013
No. 40 of 2013
TABLE OF PROVISIONS
Section Page
1 Purpose 1
2 Commencement 1
3 Amendment of the Borrowing and Investment Powers
Act 1987 2
4 Repeal of amending Act 2
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ENDNOTES 3
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Authorised by the Chief Parliamentary Counsel
Authorised Version
1
Borrowing and Investment Powers
Amendment Act 2013 †
No. 40 of 2013
[Assented to 28 June 2013]
The Parliament of Victoria enacts:
1 Purpose
The purpose of this Act is to amend the
Borrowing and Investment Powers Act 1987 to
remove the limits on financial accommodation
that may be obtained by the Melbourne Water
Corporation and the State Electricity Commission
of Victoria.
2 Commencement
This Act comes into operation on the day on
which it receives the Royal Assent.
Victoria
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3 Amendment of the Borrowing and Investment
Powers Act 1987
(1) Division 2A of Part 2 of the Borrowing and
Investment Powers Act 1987 is repealed.
(2) In Schedule 1 to the Borrowing and Investment
Powers Act 1987—
(a) in item 8, in Column 2, omit "11A,";
(b) in item 14, in Column 2, omit "11A,".
4 Repeal of amending Act
This Act is repealed on the first anniversary of
the day on which this Act comes into operation.
Note
The repeal of this Act does not affect the continuing operation of
the amendments made by it (see section 15(1) of the
Interpretation of Legislation Act 1984).
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See:
Act No.
13/1987.
Reprint No. 8
as at
1 March 2006
and
amending
Act Nos
26/2009,
6/2010,
35/2011,
38/2011 and
9/2013.
LawToday:
www.
legislation.
vic.gov.au
s. 3
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ENDNOTES
† Minister's second reading speech—
Legislative Assembly: 29 May 2013
Legislative Council: 13 June 2013
The long title for the Bill for this Act was "A Bill for an Act to amend the
Borrowing and Investment Powers Act 1987 and for other purposes."
Endnotes
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