TC98-07-Structured Finance Transactions
This Circular outlines requirements to be observed by agencies when considering involvement in complex financing transactions. As transactions of this nature normally involve the State incurring substantial long term liabilities or contingent liabilities, all proposals must be referred to the Treasury for assessment before entering into commitments. The Circular is an addition to Treasurer's Directions issued under Section 9(1) of the Public Finance and Audit Act 1983.
Issued: 27 July 1998 by Treasury
Key information
- Status
- Active
- Type
- NSW Treasury Circular
- Identifier
- TC98-07
- Compliance
- Not mandatory
Who needs to know and/or comply with this?
- Departments
- Executive agencies related to Departments
- Advisory Entities (including Boards and Committees)
- Separate agencies
- Statutory Authorities/Bodies
- Subsidiaries of the NSW Government established under the Corporations Act
- Councils under the Local Government Act
About
This Circular outlines requirements to be observed by agencies when considering involvement in complex financing transactions. As transactions of this nature normally involve the State incurring substantial long term liabilities or contingent liabilities, all proposals must be referred to the Treasury for assessment before entering into commitments. The Circular is an addition to Treasurer's Directions issued under Section 9(1) of the Public Finance and Audit Act 1983.