NSWIn ForceAct
Health Services Act 1997
59Investments
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#### 59 Investments
59 Investments
(cf AHS Act s 31, PH Act s 29)
> > (1) A statutory health corporation may invest money held by it—
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> > > (a) if the statutory health corporation is a GSF agency for the purposes of Part 6 of the [Government Sector Finance Act 2018](/view/html/inforce/current/act-2018-055)—in any way that the statutory health corporation is permitted to invest money under that Part, or
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> > > (b) if the statutory health corporation is not a GSF agency for the purposes of Part 6 of the [Government Sector Finance Act 2018](/view/html/inforce/current/act-2018-055)—in any way authorised for the time being for the investment of trust funds and in any other way approved by the Minister with the concurrence of the Treasurer.
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> > (2) A statutory health corporation may at any time dispose of any of its investments and apply the proceeds for the purpose of exercising its functions.
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> > (3) This section is, in relation to the investment of any funds, subject to the terms of any trust applying to those funds.
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> **s 59:** Am 2018 No 70, Sch 3.31 \[2\].