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SYDNEY OPERA HOUSE TRUST ACT 1961 - SECT 24 Investment of funds of the Trust

SYDNEY OPERA HOUSE TRUST ACT 1961 - SECT 24

Investment of funds of the Trust

24 Investment of funds of the Trust

(1) The Trust may, subject to the provisions of any trust affecting its funds or to any directions or restrictions attached thereto or imposed by the donor thereof, from time to time invest any of its funds in any investment in which a trustee may invest trust funds in accordance with the Trustee Act 1925 .
(2) The Trust may retain and hold any investments which may be transferred to it otherwise than by way of purchase notwithstanding that such investments may not be of the nature authorised by subsection (1).