New South Wales Consolidated Acts

CHARITABLE FUNDRAISING ACT 1991 - SECT 21

21 Investment

(1) Money received in the course of a fundraising appeal which is not immediately required to be applied to the purposes or objects of the appeal may be invested only in a manner for the time being authorised by law for the investment of trust funds.

(2) This section is subject to the provisions of the Public Authorities (Financial Arrangements) Act 1987 or any other Act which confers special powers of investment on the person or organisation concerned.