Presbyterian Church Act 1908

The Commissioners may, from time to time, invest all moneys that shall come to their hands in any of the Public Stocks or Government securities of the United Kingdom, or of the Commonwealth of Australia, or of this State, or of any other Australian State, or upon purchase or mortgage of any real or personal property, or on deposit with any Bank carrying on business in this State, and no Commissioner shall be liable for any loss occasioned by the depreciation or failure of any such investment or otherwise, same by his own wilful default; and the Commissioners, from time to time, at their discretion may vary or transfer such stocks, funds, and securities into or for others of the same or a like nature.