QLDIn ForceAct
Duties Act 2001
sec.130GWhat is an authorised investment
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### sec.130G What is an authorised investment
An authorised investment , for a pool of financial assets, is any of the following—
a bond, debenture, stock or Treasury bill of the Commonwealth or a State;
a debenture or stock of a public statutory body established under an Act of the Commonwealth or a State;
a note or other security of the Commonwealth or a State;
a deposit with, or a certificate of deposit or another security issued by, a financial institution;
a bill of exchange, promissory note or other negotiable instrument accepted, drawn or endorsed by a financial institution;
an asset-backed security or mortgage-backed security.
s 130G ins 2002 No. 65 s 14 (retro)
- (a) a bond, debenture, stock or Treasury bill of the Commonwealth or a State;
- (b) a debenture or stock of a public statutory body established under an Act of the Commonwealth or a State;
- (c) a note or other security of the Commonwealth or a State;
- (d) a deposit with, or a certificate of deposit or another security issued by, a financial institution;
- (e) a bill of exchange, promissory note or other negotiable instrument accepted, drawn or endorsed by a financial institution;
- (f) an asset-backed security or mortgage-backed security.