📘 Loan Act 2015
017 of 2015Assented 25 June 2015
The Loan Act 2015 authorises the Treasurer of Western Australia to borrow up to $8 billion for public purposes. The borrowed funds are to be credited to the Consolidated Account, and the principal, interest, and expenses are payable from that account.
Impact
The Act affects the financial management of Western Australia by authorising significant borrowing. This impacts all residents as it influences the state's ability to fund public services and infrastructure projects.
Sectors
financepublic_sector
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