17Investment

17 Investment

17 Investment

The trustee of the will and codicil of Thomas Walker deceased, The Thomas Walker Convalescent Hospital (until dissolved) and The Yaralla Cottages Trust shall respectively have power to invest any of the moneys held by them respectively for the purposes of their respective trusts in this Act mentioned in investments for the time being authorised by law for trust funds and the investments authorised by their respective trusts and also in the purchase of shares or debentures of public companies whether carrying on business in the State of New South Wales or elsewhere (not being companies carrying on the business of mining only) and shall have power from time to time to vary any investment thereof.

s 17: Am 1983 No 207, Sch 1 (7).