Second Reading Speeches

International Monetary Agreements Amendment (Financial Assistance) Bill 2009

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

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Summary

Amends the

International Monetary Agreements Act 1947
to: enable loans or currency swaps to be provided as part of a package prepared by the World Bank or the Asian Development Bank; appropriate funds from the Consolidated Revenue Fund for such loan or currency swaps; and provide that the Treasurer table in each House a national interest statement when an agreement to provide such financial assistance is entered into.

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