- Date
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22 Oct 2014
- Chamber
-
House of Representatives
- Status
-
Act
-
Portfolio
-
Trade and Investment
- Summary
-
Amends the
Export Finance and Insurance Corporation Act 1991
to: expand the Export Finance and Insurance Corporation’s (EFIC) powers to enable direct lending for export transactions involving all goods (not just capital goods); and require EFIC to pay a debt neutrality charge or guarantee fee, and a tax equivalent payment, in relation to all its operations.