THE CORPORATIONS LAW
CCH Note:
Part 13 of the Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 7 - SECURITIES
PART 7.10 - THE NATIONAL GUARANTEE FUND
Division 5 - Securities industry development accounts
SECTION 946 INVESTMENT 946(1) [Permitted investment] Money that is in a development account kept by a participating exchange and is not immediately required for the purpose of making payments as permitted by subsection 945(2) may be invested by the participating exchange in a permitted manner. 946(2) [Interest and profits] The interest and profits from time to time accruing from the investment of money in a development account shall be paid into the account.This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.