Great Ocean Road and Environs Protection Act 2020
62DBorrowing, investments and agreements
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62D Borrowing, investments and agreements
(1) The Authority has the powers conferred on it by or under the Borrowing and Investment Powers Act 1987.
(2) The Authority may invest any part of the funds in the Great Ocean Road Coast and Parks Account which are not immediately required for the purposes of the Authority in any manner approved by the Treasurer.
(3) The Authority may enter into arrangements or agreements with any person or body to act as the Authority's agent in the carrying out of the Authority's functions in relation to the Great Ocean Road Coast and Parks Account.
S. 62E inserted by No. 42/2021 s. 16 (as amended by No. 23/2022 s. 8(1)).