TC98-07-Structured Finance Transactions
This Circular outlines requirements to be observed by agencies when considering involvement in complex financing transactions.
Issued: 27 July 1998 by Treasury
This AR is archived. No replacements were suggested by the author.
Key information
- Status
- Archived
- Type
- NSW Treasury Circular
- Identifier
- TC98-07
- Compliance
- Not mandatory
Who needs to know and/or comply with this?
- Advisory Entities (including Boards and Committees)
- Councils under the Local Government Act
- Departments
- Executive agencies related to Departments
- Separate agencies
- Statutory Authorities/Bodies
- Subsidiaries of the NSW Government established under the Corporations 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.