26Funds

26 Funds

(1)  The funds of the Board are –

(a) any money provided to the Board by the State; and

(b) any money applied by the Board from the Account in accordance with section 24(3)(a) ; and

(c) any money received from any other source.

(2)  Subject to section 16 of the Tasmanian Public Finance Corporation Act 1985 , the Board may invest any funds of the Board, and any interest accumulated in respect of those funds, in any manner that is consistent with –

(a) sound commercial practice; and

(b) a Ministerial direction given and in effect under section 14 .