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Public Trustee Act 1930
37Investment committee
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37 Investment committee
[Section 37 Substituted by No. 20 of 1995, s. 3 and Sched. 1 ]
(1) The Board must establish an investment committee under section 16 of the Government Business Enterprises Act 1995 .
(2) The investment committee has the following functions:
(a) advising the Board on the investment of money in the common fund and in any group investment fund;
(b) advising the Board on the investment of money not in the common fund but held by the Public Trustee in trust;
(c) any other function delegated to it by the Board.