Commonwealth Consolidated Acts

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FUTURE FUND ACT 2006 - SECT 16

Investment of the Fund

  (1)   The Board may invest amounts standing to the credit of the Fund Account in any financial assets.

  (2)   Investments under subsection   (1) are to be made in the name of the Board.

  (3)   Investments under subsection   (1) are taken to be investments of the Fund.

  (4)   This section does not authorise the acquisition of a derivative.

Note:   For acquisition of derivatives, see section   25.


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