Comparison View

Amendments are not highlighted in legislation amended before 2012. We are working on it.
Formal Consolidation |  1991 RevEd
Investment
10.  Moneys belonging to the Board may be invested in such securities as trustees may by any written law be authorised to invest or, with the written approval of the Minister, in any other securities or investments.
Informal Consolidation | Amended Act 26 of 2002
Powers of investment
10.  The Agency may —
(a)invest its moneys in such securities and other investments as it thinks fit, including the deposit of moneys with financial institutions and other business or professional bodies; and
(b)engage in any financial activity or participate in any financial arrangement for the purpose of managing or hedging against any financial risk that arises or is likely to arise from such investment.
[Act 26 of 2002 wef 01/10/2002]