NSWIn ForceAct
Community Land Management Act 2021
79Investment of money in administrative fund or capital works fund
Start here
Get a plain-English read of 79
Turn the raw legal text into a practical explanation grounded in Community Land Management Act 2021.
#### 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.