Agreements with respect to State debts

Agreements with respect to State debts

- Constitution of Australia

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(4) Any such agreement may be varied or rescinded by the parties therein.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.

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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