s 45

Investment powers

In force

(1)

Subject to the direction of the Minister, a cemetery trust may invest its money in any manner it sees fit.

(2)

The Minister may give written directions as to how a cemetery trust is to invest its money.

(3)

A direction under subsection (2) may—

(a)

apply to—

(i)

an individual cemetery trust; or

(ii)

a class of cemetery trusts; or

(iii)

all cemetery trusts.

S. 45(3)(b) amended by Nos 108/2004 s. 117(1) (Sch. 3 item 27.1), 29/2010 s. 50(3).

(b)

provide that any matter may be determined, approved or dispensed with by the Secretary or any employee or employees or class of employees employed under Part 3 of the Public Administration Act 2004 in the Department of Health.

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