CTHRepealedAct
Housing Loans Insurance Act 1965
33Application of moneys
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33 Application of moneys
(1) The moneys of the Corporation shall be applied only: (a) in payment or discharge of the costs, expenses and other obligations of the Corporation; (b) in payment of remuneration and allowances payable to any person appointed or employed under this Act; and (c) in making payments to the Commonwealth as provided by this Act. (2) Subsection (1) does not prevent investment of surplus money of the Corporation under section 19 of the Commonwealth Authorities and Companies Act 1997.