4.1.6 Financial Arrangements

In New South Wales, a PPP is generally a Joint Financing Arrangement (JFA) and Joint Venture Arrangement (JVA), which requires approval from the Treasurer pursuant to the GSF Act and, if applicable, the State Owned Corporations Act 1989 (NSW) (SOC Act), as detailed in sections 4.5 and 4.6.

Figure 4.1: Phases of Government approvals