(d)
interest received on any investments belonging to the sinking fund.
(6) A
body corporate shall not disburse any moneys from its sinking fund otherwise
than for the purpose of—
(a) meeting its liabilities referred to in
section 38A(2) ; or
(b) carrying out its powers, authorities, duties or
functions under this Act.
(7) A body corporate may only invest any moneys in
its administrative fund or its sinking fund in any manner permitted by law for
the investment of trust funds or in any prescribed investment.
(8) A
body corporate shall pay any moneys in its administrative fund or its
sinking fund that are not otherwise invested in accordance with subsection (7)
into an account established with a financial institution in the name of the
body corporate.