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Future Drought Fund Act 2019
39Investment of the Future Drought Fund
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39 Investment of the Future Drought Fund
(1) The Future Fund Board may invest amounts standing to the credit of the Future Drought Fund Special Account in any financial assets. (2) Investments under subsection (1) are to be made in the name of the Future Fund Board. (3) Investments under subsection (1) are taken to be investments of the Future Drought Fund. (4) This section does not authorise the acquisition of a derivative.
Note: For acquisition of derivatives, see section 49.