Chapter 12: PUBLIC FINANCEPart 3 — Revenue-raising and the public debt
Article 213. Loan guarantees by national government
Official Constitutional Text
(1) An Act of Parliament shall prescribe terms and conditions under which the national government may guarantee loans.
(2) Within two months after the end of each financial year, the national government shall publish a report on the guarantees that it gave during that year.
Plain English Explanation
This is a simplified summary to explain this article in clear language. It is not the legal text of the Constitution.
A simplified explanation is being prepared for this article.