New South Wales Consolidated Acts

SPORTING INJURIES INSURANCE ACT 1978 - SECT 12

12 Investment

(1) The Authority may invest money in the Fund that is not immediately required for the Fund--

(a) if the Authority is a GSF agency for the purposes of Part 6 of the Government Sector Finance Act 2018 --in any way that the Authority is permitted to invest money under that Part, or

(b) if the Authority is not a GSF agency for the purposes of Part 6 of the Government Sector Finance Act 2018 --in any way approved by the Minister with the concurrence of the Treasurer.

(2) The Self Insurance Corporation may invest money in the Supplementary Fund that is not immediately required for the Supplementary Fund--

(a) if the Self Insurance Corporation is a GSF agency for the purposes of Part 6 of the Government Sector Finance Act 2018 --in any way that the Self Insurance Corporation is permitted to invest money under that Part, or

(b) if the Self Insurance Corporation is not a GSF agency for the purposes of Part 6 of the Government Sector Finance Act 2018 --in any way approved by the Minister administering the NSW Self Insurance Corporation Act 2004 with the concurrence of the Treasurer.