sec.13Power to make loans and investments

### sec.13 Power to make loans and investments The chief executive may make loans and investments, and pay amounts out of a departmental financial-institution account of the department to make a loan or investment, to achieve the objects of this Act. Subsection (1) applies despite the Financial Accountability Act 2009 , section 87 . Subject to other laws, the chief executive may set interest rates for the loans in the way the chief executive considers appropriate. s 13 amd 2009 No. 9 s 136 sch 1 (sec.13-ssec.1) The chief executive may make loans and investments, and pay amounts out of a departmental financial-institution account of the department to make a loan or investment, to achieve the objects of this Act. (sec.13-ssec.2) Subsection (1) applies despite the Financial Accountability Act 2009 , section 87 . (sec.13-ssec.3) Subject to other laws, the chief executive may set interest rates for the loans in the way the chief executive considers appropriate.