59
CurrentPowers of investment
Part 7Administration Orders
Division 4Powers and duties of administrator
59 Powers of investment
An administrator may, with the consent of the Tribunal and notwithstanding the Trustee Act 1898 –
retain any investment, whether or not it is a trustee investment; and invest in any investment specified by the Tribunal, whether or not it is a trustee investment.
This Act’s bill:Explanatory notesSecond reading speech
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