22AInvestment by corporate Commonwealth entities

22A Investment by corporate Commonwealth entities

Guide to this section

The purpose of this section is to set out an additional form of investment that a corporate Commonwealth entity is authorised to make.

This section is made for subparagraph 59(1)(b)(iv) of the Act.

An investment is a prescribed form of investment for a corporate Commonwealth entity if it: (a) is a dematerialised security that is the equivalent of an investment referred to in subparagraph 59(1)(b)(ii) of the Act; and (b) is in the name of the corporate Commonwealth entity; and (c) is denominated in Australian currency.