Western Australian Consolidated Acts Western Australian Consolidated Acts (1) The Treasurer may
invest any money standing to the credit of the Public Bank Account in a manner
prescribed by the regulations.
(2) Regulations made
for the purposes of subsection (1) are not to provide that money may be
invested otherwise than in a manner that trust funds may be invested under the
Trustees Act 1962 Part III.
(3) A withdrawal of
money for the purposes of investment under subsection (1) does not have
to be charged to any of the accounts forming part of the Public Ledger.
(4) Subject to
section 38(8), subsection (1) is in addition to, and does not limit,
a written law concerning the investment of particular money.