Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

DAIRY PRODUCE AMENDMENT ACT 1993 No. 16 of 1993 - SECT 5

Application of money of Corporation
5. Section 74 of the Principal Act is amended by omitting paragraph (2)(a) and
substituting the following paragraph:

"(a) may be invested:

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

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

        (iii)  in bills of exchange accepted by an approved bank; or

        (iv)   in promissory notes or certificates of deposit issued by an
               approved bank; or

        (v)    in any other way approved by the Treasurer; or". 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback