Nuclear Energy Act, 1999 (Act No. 46 of 1999)Chapter II The South African Nuclear Energy Corporation, Limited15. Loans |
| (1) | The Corporation, with the written permission of the Minister granted with the agreement of the Minister of Finance, may raise loans to finance any expenditure that may be incurred by the Corporation during any financial year in connection with its functions, business and operations in terms of this Act. |
| (2) | The permission may be granted subject to any conditions determined by the Minister acting with the agreement of the Minister of Finance. |
| (3) | The State, represented by the Minister acting with the agreement of the Minister of Finance, may guarantee any loan raised by the Corporation in terms of subsection (1). |
| (4) | The Corporation with the agreement of the Minister so acting, may issue debentures in respect of a loan so raised. |