Commonwealth Numbered Acts

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ABORIGINAL DEVELOPMENT COMMISSION ACT 1980 No. 34 of 1980 - SECT 37

Investment of moneys
37. (1) Moneys of the General Fund not immediately required for the purposes
of this Act may be invested-

   (a)  on deposit with an approved bank;

   (b)  in securities of the Commonwealth; or

   (c)  in any other manner approved by the Treasurer.
(2) In this section, "approved bank" means a trading bank as defined in
sub-section 5 (1) of the Banking Act 1959 or another bank approved by the
Treasurer or a person authorized by the Treasurer to give approvals under this
section. 


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