CTHRepealedLegislation
Staff Superannuation Statute 2007
60Investment of Fund moneys
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60 Investment of Fund moneys
60.1 Moneys standing to the credit of the Funds referred to in sections 57 and 58 are to be invested as the Council directs.
60.2 The Council may lodge moneys forming part of a Fund that are held uninvested, either at call or on fixed deposit or partly at call and partly on fixed deposit, with a bank.