Australian Capital Territory Repealed Acts Australian Capital Territory Repealed ActsThis legislation has been repealed.
(1) Subject to subsection (2), the manager shall invest in any manner in which trust funds may for the time being be invested under the Trustee Act 1957 those moneys of the fund that are not, in the opinion of the manager, immediately required for the purpose of making payments out of the fund in accordance with this Act.
(2) The manager shall not invest moneys of the fund in any manner that does not return interest at a rate at least equal to the rate of interest paid in relation to interest bearing deposits by banks operating in the Territory.