### sec.51B No power of trustee to invest The trustee for a project trust or retention trust must not invest the funds held in trust in any form of investment. Maximum penalty—200 penalty units or 1 year’s imprisonment. The trustee does not contravene subsection (1) only by earning interest on an amount held in a trust account that is paid by the financial institution at which the account is held. s 51B ins 2020 No. 24 s 63 (sec.51B-ssec.1) The trustee for a project trust or retention trust must not invest the funds held in trust in any form of investment. Maximum penalty—200 penalty units or 1 year’s imprisonment. (sec.51B-ssec.2) The trustee does not contravene subsection (1) only by earning interest on an amount held in a trust account that is paid by the financial institution at which the account is held.

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