75Effect of non-compliance

75 Effect of non-compliance (1) The validity of an act of the Board is not affected by a failure to: (a) comply with a direction of the Minister that is given under section 64(2) or 67; or (b) obtain an approval of the Treasurer as required by section 73. (2) Without limiting subsection (1), the validity of a contract for an investment mentioned in section 73(3)(b) is not affected by a failure of the Board to obtain an approval of the Treasurer for that contract.

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