Examples of Australian Loan in a sentence
There shall be an Australian Loan Council, which shall consist of one Minister of State of the Commonwealth to be appointed in writing from time to time by the Prime Minister of the Commonwealth to represent the Commonwealth, and one Minister of State of each State to be appointed in writing from time to time by the Premier of that State to represent that State.
The arrangements and rules that governed the borrowing of the States and the Commonwealth are encompassed within the Financial Agreement Act and the procedures of the Australian Loan Council.
Summary and ConclusionsIt is possible to interpret the operations of the Australian Loan Council in different ways.
Four years later, the Australian Loan Council was established formally in December 1927, when the representatives of governments of the six States and the Commonwealth signed the Financial Agreement subject to subsequent ratification by their respective Parliaments.
A "Default" as defined in the Australian Loan Documents or Canadian Loan Documents occurs; provided that the occurrence of an "Unmatured Default" as defined in the Australian Loan Documents or Canadian Loan Documents shall constitute an Unmatured Default under the U.S. Loan Documents.
Since then, the states have been allowed to undertake independent borrowing and are progressively redeeming the debt issued by the Commonwealth government, with flexible yearly limits placed on new borrowing through negotiations with the central government in the Australian Loan Council (Grewal 2000).
An exception is for instance Australia with its Australian Loan Council, cf.Deubner, Christian, Optionen fiskal- und schuldenpolitischer Koordinierung in der Eurozone, in: Wirtschafts- dienst, 12/2010, pp.
The Evolution of the Australian Loan Council 3.1. From Competition to Voluntary Coordination: 1901-1927As noted above, all governments in Australia competed with one another between 1901 and 1922.
It represents goodwill on the insurance premium funding business.Goodwill was also created during 2012 on the acquisitions of the externally owned interests in Ventura Investment Management Ltd of $93,000 and in Centrepoint Lending Solutions Pty Ltd (previously Australian Loan Company Pty Ltd) of $863,000, (net of an impairment of $253,000).Other CGU’s include Professional Investment Services Pty Ltd and Investment Diversity Limited.
Otherwise this falls under law making.Early examples of institutionalized intergovernmental coordination are the Australian Loan Council, regulating multilevel borrowing since 1923, and the Malaysian National Finance Council set up in 1957 to advise on “the annual loan requirements of the Federation and the States and the exercise by the Federation and the States of their borrowing powers; the making of loans to any of the States” (C 1957, Art.