"22. Guarantee by Treasurer (1) The payment of — (a) the cash equivalent of gold due, payable and deliverable by Gold Corporation, the Mint or GoldCorp under this Act; and (b) all moneys due and payable by Gold Corporation in respect of the exercise of the power to buy, borrow or otherwise acquire and to sell, lend or otherwise dispose of, deal in and hold Australian and foreign currency, is guaranteed by the Treasurer, in the name and on behalf of the Crown in right of the State. (2) The term cash equivalent in subsection (1) means, in relation to any security in respect of which Gold Corporation, the Mint or GoldCorp is liable to deliver gold in the form of gold coin, the current market price in Australian currency of that gold coin calculated in accordance with any terms or conditions prescribed in relation to that security and in force at the time of issue of that security."
