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s 11

Investment of public money by Treasurer

In force
Part 2Public finance
Division 1Provisions relating to the receipt and application of public money

11 Investment of public money by Treasurer

The Treasurer may, on such terms and conditions as the Treasurer thinks fit, deposit or invest money under the Treasurer's control—

(a)

with the Reserve Bank of Australia; or

(d)

with a bank or any other prescribed ADI; or

(e)

with a dealer in the short term money market—

(i)

in relation to whom the Reserve Bank of Australia stands as a lender of last resort; or

(ii)

who has been declared by regulation to be an approved dealer for the purposes of this section; or

(f)

with SAFA; or

(g)

with a prescribed person or a person of a prescribed class;

or

(h)

in a prescribed manner.

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