South Australian Consolidated Acts

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LIBRARIES ACT 1982 - SECT 20

20—Investment

        (1)         The Board may, with the consent of the Treasurer, invest any of its moneys that are not immediately required for the purposes of this Act (not being moneys to which subsection (2) applies) in such manner as the Treasurer may approve.

        (2)         Moneys of the Board arising from a testamentary or other gift may, subject to the terms of the gift, be invested by the Board as it thinks fit.



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