New South Wales Consolidated Acts

C.B. ALEXANDER FOUNDATION INCORPORATION ACT 1969 - SECT 9

9 Investment of funds by Foundation

(1) Subject to subsection two of this section, the Foundation may invest its funds in such manner as the Minister may approve.

(2) Where the donor of a gift to the Foundation imposes a condition or gives a direction in relation to the gift, the Foundation may invest the gift in accordance with the condition or direction.