11B.—(1) Subject to section 11H, the moneys in the Public Transport Fund may be withdrawn only for the following purposes:
(a)
to provide (directly to individuals or through organisations) cash grants, rebates, reliefs and other financial assistance to passengers using bus services or train services;
(b)
to invest subject to the limits in the Financial Procedure Act (Cap. 109) for investments of public moneys;
(c)
to meet expenses referred to in section 11C incidental to or arising from the administration, investment and management of moneys in the Public Transport Fund.
(2) For the purposes of subsection (1)(b), investing includes engaging in any financial activity, or participating in any financial arrangement, for the purpose of managing or hedging against any financial risk that arises or is likely to arise from any investment.