New South Wales Consolidated Acts

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COMMUNITY LAND MANAGEMENT ACT 2021 - SECT 79

Investment of money in administrative fund or capital works fund

79 Investment of money in administrative fund or capital works fund

(1) An association may invest money in its administrative fund or capital works fund in a manner permitted by law for the investment of trust funds or in an investment prescribed by the regulations.
(2) Interest received on an investment made under this section forms part of the fund to which the investment belongs.



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