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Local Government Act 2020
103Investments
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103 Investments
A Council may invest any money—
(a) in Government securities of the Commonwealth; and
(b) in securities guaranteed by the Government of Victoria; and
(c) with an ADI; and
(d) with any financial institution guaranteed by the Government of Victoria; and
(e) on deposit with an eligible money market dealer within the meaning of the Corporations Act; and
(f) in any other manner approved by the Minister, either generally or specifically, to be an authorised manner of investment for the purposes of this section.