Victorian Repealed Acts

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This legislation has been repealed.

Intellectually Disabled Persons' Services Act 1986 - SECT 50O 

Investment of money in Residents' Amenities Funds


50O. Investment of money in Residents' Amenities Funds





(1) The Secretary may invest any money in a Residents' Amenities Fund that is
not immediately required for use in any manner in which money may be invested
under the Trustee Act 1958.

(2) For the purposes of section 50L(2)(c), any capital gain made as the result
of an investment under this section is to be treated as if it were income.

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