Commonwealth Numbered Acts

DAIRY PRODUCE ACT 1986 No. 54 of 1986 - SECT 85

85. Money standing to the credit of a relevant fund-

   (a)  may be invested-

        (i)    in interest-bearing deposits with an approved bank;

        (ii)   in any securities of, or guaranteed by, the Commonwealth or a
               State;

        (iii)  by way of loan to a corporation, being a corporation declared
               by the Reserve Bank for the purposes of regulations in force
               under the Banking Act  1959 to be an authorised dealer in the
               short-term money market, upon the security of securities of the
               Commonwealth; or

        (iv)   in any other manner approved by the Treasurer; or

   (b)  may be invested by way of a loan to another relevant fund for the
        purpose of meeting a temporary deficit in that fund.