THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.10 - THE NATIONAL GUARANTEE FUND

Division 1 - Interpretation

SECTION 923   PERMITTED INVESTMENTS  

923    For the purposes of this Part, money shall be taken to be invested in a permitted manner if, and only if, it is invested:

(a)  in a way in which trustees are for the time being authorised by a law in force in a State or Territory to invest trust funds; or

(b)  on deposit with an eligible money market dealer.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.