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Creative Australia Act 2023
81Investment
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81 Investment
(1) Creative Australia may invest money, under paragraph 12(2)(g), in the course of the direct performance of its functions.
Note: Paragraph 12(2)(g) gives Creative Australia power to make investments, but only as a means of providing financial assistance. It does not give Creative Australia a general power to make investments.
(2) Subsection (1) applies in addition to investment, under section 59 of the PGPA Act, of money that is not immediately required for the purposes of Creative Australia.