Power to invest

Current

(1)

A registered funded agency may invest money in any manner authorised by law for the time being for the investment of trust funds.

S. 29(2) inserted by No. 22/2014 s. 5.

(2)

Nothing in subsection (1) prevents any Ministerial directions under section 8 of the Financial Management Act 1994 applying to a registered funded agency that is otherwise subject to that Act.

This Act’s bill:Second reading speech

Research tools for this sectionSubscription

Cited by Analyse Interrogate History Equivalents

The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.

29 Power to invest