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Community Land Management Act 2021
79Investment of money in administrative fund or capital works fund
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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.