8Powers of public authorities

8 Powers of public authorities

8 Powers of public authorities

Notwithstanding anything in any other Act:

(a) the Government and any public authority or other public body may deposit money with the Corporation for investment (subject to section 6B (1)), and

(b) the Government and any public authority or other public body may participate with the Corporation in, or authorise the Corporation to carry out, the management of the liabilities and assets of the Government or of the public authority or other public body, as the case may be, and

(c) the Government and any public authority or other public body may appoint the Corporation to act as agent for it for any purpose.

s 8: Subst 1988 No 79, Sch 1 (5). Am 1991 No 50, Sch 1 (5); 1992 No 113, Sch 1 (3); 1993 No 108, Sch 2.