Victorian Current Acts

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LAND ACQUISITION AND COMPENSATION ACT 1986 - SECT 60

Investment of money deposited in Trust Fund

    (1)     The Treasurer may, if the Treasurer thinks fit, until an order is made under section 61 or payment is made under section 59 , invest any money paid to the Trust Fund under this Act in such manner the Treasurer thinks fit.

    (2)     The interest on any money invested under subsection (1) shall be from time to time accumulated for the benefit of the person ultimately entitled to the money so invested.



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