Treasury Laws Amendment (2020 Measures No. 3) Act 2020 (61 of 2020)

Schedule 1   International monetary agreements

Part 1   Amendments commencing day after Royal Assent

International Monetary Agreements Act 1947

4   After section 8CAA

Insert:

8CAB Further agreements to provide loans to the Fund

(1) The Minister may, on behalf of Australia, enter into one or more agreements with the Fund that:

(a) provide for Australia to provide loans to the Fund; and

(b) contain terms and conditions determined by the Minister.

(2) The Consolidated Revenue Fund is appropriated for the purposes of payments by Australia under an agreement referred to in subsection (1).


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