Agreements with respect to State debts
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Agreements with respect to State debts
- Constitution of Australia
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Agreements with respect to State debts
105A.-(1) The Commonwealth may make agreements with the States with respect
to the public debts of the States, including-
(a) the taking over of such debts by the Commonwealth;
(b) the management of such debts;
(c) the paying of interest and the provision and management of sinking
funds in respect of such debts;
(d) the consolidation, renewal, conversion, and redemption of such debts;
(e) the indemnification of the Commonwealth by the States in respect of
debts taken over by the Commonwealth; and
(f) the borrowing of money by the States or by the Commonwealth, or by the
Commonwealth for the States.
(2) The Parliament may make laws for validating any such agreement made
before the commencement of this section.
(3) The Parliament may make laws for the carrying out by the parties of any
such agreement.
(4) Any such agreement may be varied or rescinded by the parties therein.
(5) Every such agreement and any such variation thereof shall be binding
upon the Commonwealth and the States parties thereto notwithstanding
anything contained in this Constitution or the Constitution of the several
States or in any law of the Parliament of the Commonwealth or of any
State.
(6) The powers conferred by this section shall not be construed as being
limited in any way by the provision of section one hundred and five of
this Constitution.
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Constitution of Australia
Bill Of Rights
|
Commonwealth of Australia Constitution Act
Chapter I - The Parliament
Part I - General
| Part II - The Senate
| Part III - The House of Representatives
| Part IV - Both Houses of the Parliament
| Part V - Powers of the Parliament
Chapter II - The Executive Government
The Executive Government
Chapter III - The Judicature
The Judicature
Chapter IV - Finance And Trade
Finance And Trade
Chapter V - The States
The States
Chapter VI - New States
New States
Chapter VII - Miscellaneous
Miscellaneous
Chapter VIII - Alteration Of The Constitution
Alteration Of The Constitution
Schedule
Schedule
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