s 108
In forceInvestment of moneys in account
Part VIIIFidelity Guarantee Account
108 Investment of moneys in account
(1)
Moneys standing to the credit of the Fidelity Account may, until required for the purposes of section 110, be invested in the same manner as trust funds may be invested in accordance with Part III of the Trustees Act 1962.
(2)
Income derived from any such investment is to be credited to the Fidelity Account.
[Section 108 inserted: No. 59 of 1995 s. 22; amended: No. 77 of 2006 Sch. 1 cl. 147(2) and (10).]
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