Financial Management Act 1995

(a) may determine from time to time whether any, and if so what, amount of money standing at credit in an official bank account is available for investment; and

(b) may invest the amount in such investments as are from time to time permitted by or under this Act, and for such periods, as the Treasurer thinks fit.

(2) The Treasurer must not make an investment referred to in subsection (1) except as follows:

(a) in securities of or guaranteed by the Government of the Territory, the Commonwealth or a State or another Territory of the Commonwealth;

(b) in deposits, debentures, promissory notes or other securities of a statutory body the obligations of which are guaranteed by the Government of the Territory, the Commonwealth or a State or another Territory of the Commonwealth;

(c) in deposits, debentures, promissory notes or other securities of a body corporate or an ADI, that maintains such minimum credit rating specified by the Treasurer as is published from time to time by a credit rating agency approved by the Treasurer;

(i) in capital market investments issued by a body corporate that maintains such minimum credit rating specified by the Treasurer as is published from time to time by a credit rating agency approved by the Treasurer; or

(ii) in debentures, securities or other obligations of governments, government authorities or statutory bodies; or

(iii) in promissory notes made by a body corporate referred to in paragraph (c) or a statutory body whether constituted under an Act of the Territory, the Commonwealth or a State or another Territory of the Commonwealth; or

(iv) in futures contracts traded on a prescribed financial market (as defined in section 9 of the Corporations Act 2001) and in forward exchange or interest rate agreements complying with such terms and conditions as the Treasurer determines; or

(v) in notes, certificates, bonds, options, swaps, bills of exchange (specified by an entity specified in subsection (2)(a), (b) or (c)) and currency transactions in accordance with section 33(2);

(e) with a dealer in the short term money market with established lines of credit with the Reserve Bank of Australia or a lender of last resort;

(3) The Treasurer must table a determination under subsection (2)(f) in the Legislative Assembly within 6 sitting days of the Assembly after signing it.

(4) Money received by the Treasurer as a result of an investment made under this section must be paid to the official bank account from which the money the subject of the investment was drawn.