Commonwealth Numbered Acts

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

FUTURE FUND ACT 2006 (NO. 12, 2006) - SECT 27

Securities lending arrangements

             (1)  The Board may enter into securities lending arrangements.

             (2)  Any money received by the Board under a securities lending arrangement is to be credited to the Fund Account.

             (3)  To avoid doubt, a securities lending arrangement may provide for the Board to realise an investment of the Fund.

             (4)  If, as the result of the operation of a securities lending arrangement, the Board becomes the holder of a financial asset, that financial asset is taken to be an investment of the Fund.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback