CTHRepealedAct
Securities Industry Act 1980
122ADPermitted investments
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122AD Permitted investments
For the purposes of this Part, money shall be taken to be invested in a permitted manner if, and only if, it is invested:
(a) in any manner in which trustees are for the time being authorised by a law in force in the Territory or in a participating State or participating Territory to invest trust funds; or
(b) on deposit with a body corporate in respect of which a declaration made under:
(i) paragraph 97(7)(b) of the Companies Act 1981; or
(ii) a provision of a law of a participating State or participating Territory that corresponds with that paragraph;
is in force.