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Amendments are not highlighted in legislation amended before 2012. We are working on it.
Formal Consolidation |  1985 RevEd
Power of Board to borrow and invest
9.—(1)  The Board may borrow at interest on the security of any movable or immovable property of the Board such moneys as it may from time to time think necessary or expedient.
(2)  The Board may invest the funds of the Board in such manner and to such extent as it may think necessary or expedient.
(3)  The Board may do all or any things incidental or appertaining to a body corporate.
Informal Consolidation | Amended Act 45 of 2004
Power of Board to borrow and invest
9.—(1)  The Board may borrow at interest on the security of any movable or immovable property of the Board such moneys as it may from time to time think necessary or expedient.
(2)  The Board may invest its funds in accordance with the standard investment power of statutory bodies as defined in section 33A of the Interpretation Act (Cap. 1).
[45/2004 wef 15/12/2004]
(3)  The Board may do all or any things incidental or appertaining to a body corporate.