Country Women’s Association of New South Wales Incorporation Act 1931
16Power to invest funds
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16 Power to invest funds
16 Power to invest funds
It shall be lawful for the executive committee of the said corporation from time to time to invest any funds of the corporation and any moneys given or bequeathed to or arising from any donation of real or personal property to the corporation at the absolute discretion of such executive committee subject to any provisions or direction in the instrument creating such bequest or donation in any of the securities for the time being authorised by the law of the said State for the investment of trust funds or in the purchase of land of freehold tenure in the said State and from time to time to vary any investment.