Loan Council


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Loan Council

n
(Government, Politics & Diplomacy) (in Australia) a statutory body that controls borrowing by the states
References in periodicals archive ?
the project will be financed by a loan council of europe development bank (ceb), the cohesion fund of the eu funds and the state budget.
Borrowing by governments and other public authorities within Australia is controlled through a unique and remarkably resilient institution known as the Australian Loan Council (established in 1927).
Unit4 said that the system incorporates a powerful and flexible localisation framework, which allows Unit4 to cater to local needs, such as Financial Aid in the US or the Student Loan Council in the UK.
Lee refers to how the Bruce-Page government's formation of the Loan Council in 1924 consolidated the national debt and enhanced the bargaining power of Australian governments, both in relation to the London capital market and in relation to the Australian-owned trading banks.
disparities between the powers to raise revenue and to finance service delivery at different levels of government), which is addressed by federal transfers to the sub-central governments; iii) a comprehensive system of horizontal fiscal equalisation, aimed at eliminating disparities between the revenue-raising capacity and spending needs of the sub-central jurisdictions; and iv) a co-operative approach to fiscal management, with borrowing at all levels of government under the oversight of the Loan Council.
At the risk of oversimplification, the gist of this book is that problems for premiers had their beginnings in the Commonwealth's powers under the Constitution to commandeer revenue from the states and use this capacity to bargain for more powers, for example, the establishment of the centralised Loan Council, which Lang resisted during his first government.
NEW YORK -- Fitch Ratings has withdrawn the 'AA-' rating on Florida Municipal Loan Council (FL) (City of North Miami Beach) Revenue Refunding Bonds Series 2011C as the bond was not sold.
Fitch has withdrawn the 'A' rating on the Florida Municipal Loan Council (FL) (City of Hialeah) revenue refunding bonds series 2011A as they were not sold.
1 million Infrastructure Improvement Revenue Bonds, Series 2012(9B Design Build Finance Project), by the Florida Municipal Loan Council.
NEW YORK -- Fitch Ratings has affirmed the following bonds issued by the New Mexico Hospital Equipment Loan Council, on behalf of La Vida Llena (LVL) at 'BBB':
NEW YORK -- Fitch Ratings has affirmed its rating for outstanding Florida Municipal Loan Council (FMLC) revenue bonds as follows:
NEW YORK -- Fitch Ratings has affirmed the 'A+' rating on the following Florida Municipal Loan Council (FMLC) revenue bonds: