📘 Loan Act 2017
001 of 2017Assented 3 July 2017
The Loan Act 2017 authorises the Treasurer of Western Australia to borrow up to $11 billion for public purposes. The borrowed funds are to be credited to the Consolidated Account, and the principal, interest, and expenses are charged to that account.
Impact
The Act affects the financial management of Western Australia by providing the government with the ability to borrow funds for public projects. This impacts all residents of WA as it influences the availability of public services and infrastructure.
Sectors
financepublic_sector
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