111Investment of money of authority

#### 111 Investment of money of authority 111 Investment of money of authority > > (1) Money held by an authority may be invested— > > > > > (a) in any manner for the time being allowed by an Act for the investment of trust money, > > > > > (b) on deposit with the Treasurer, > > > > > (c) (Repealed) > > > > > (d) with the approval of the Minister and with the concurrence of the Treasurer, in any other manner. > > > (2) An approval or concurrence referred to in subsection (1) may be given for a particular case or for any class of cases. > > **s 111:** Am 1996 No 24, Sch 1.