Second Reading Speeches

Guarantee of State and Territory Borrowing Appropriation Bill 2009

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
42

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Summary

Provides for: a standing appropriation to pay claims under the Guarantee of State and Territory Borrowing; and a borrowing power enabling money to be borrowed to pay those claims should there be insufficient funds in the Consolidated Revenue Fund at the time claims are to be paid.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

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