NSWIn ForceAct
Minors (Property and Contracts) Act 1970
23Investment in government securities
Start here
Get a plain-English read of 23
Turn the raw legal text into a practical explanation grounded in Minors (Property and Contracts) Act 1970.
#### 23 Investment in government securities
23 Investment in government securities
> An investment by a minor in:
>
> > (a) any public funds or government stock or government securities of any State of Australia or of the Commonwealth, or
>
> > (b) any debentures or securities guaranteed by the Government or by the Treasurer:
>
> is presumptively binding on the minor.