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Legislative Assembly for the ACT: 1998 Week 7 Hansard (22 September) . . Page.. 1979 ..


MS CARNELL (continuing):

(iii) for a term not exceeding 185 days and thereafter at call;

(b) the making or receiving of a loan or advance if the amount of the loan or advance is not less than $50,000 and is loaned or advanced --

(i) at call;

(ii) for a term not exceeding 185 days; or

(iii) for a term not exceeding 185 days and thereafter at call;

(c) a dealing in securities, mortgage-backed securities, bills of exchange, promissory notes, certificates of deposit, or interest-bearing deposits, if the amount involved in the dealing is not less than $50,000 or the dealing (not being a dealing in a security) is in a bill of exchange, promissory note, certificate of deposit or interest bearing deposit having a nominal value on the day on which the dealing is entered into, or a face value, of not less than $50,000, and the amount involved in the dealing is invested --

(i) at call;

(ii) for a term not exceeding 185 days;

(iii) for a term not exceeding 185 days and thereafter at call; or

(iv) in the case of a dealing in a security, bill of exchange, promissory note, certificate of deposit or interest bearing deposit -- for a term exceeding 185 days, where the dealing is completed no later than 185 days after the date of the investment;

(d) a dealing in securities for the purpose of a securities lending arrangement, if the dealing is completed within 185 days;


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