Western Australian Consolidated Acts

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LIBRARY BOARD OF WESTERN AUSTRALIA ACT 1951 - SECT 17

17 .         Temporary investment

                All moneys standing to the credit of the Account may, until required by the Board in connection with the exercise of its powers or the discharge of its duties under this Act, be temporarily invested as the Treasurer may direct in any securities in which moneys standing to the credit of the Public Bank Account constituted under the Financial Management Act 2006 may lawfully be invested, and all interest derived from such investment shall be credited to the Account.

        [Section 17 amended by No. 98 of 1985 s. 3; No. 49 of 1996 s. 64; No. 77 of 2006 s. 17.]



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