Commonwealth Consolidated Acts

HIGH COURT OF AUSTRALIA ACT 1979 - SECT 39

  (1)   Any moneys held by the Court other than:

  (a)   moneys held by the Court upon trust; and

  (b)   moneys paid to the Court under section   35;

may be expended for the purposes of the Court.

  (2)   Moneys to which subsection   ( 1) applies that are not immediately required to be expended may be invested:

  (a)   on deposit with an ADI;

  (b)   in securities of the Commonwealth; or

  (c)   in any other manner approved by the Finance Minister .

  (3)   The Finance Minister may, by written instrument, delegate any of the Finance Minister's powers or functions under this section to an official (within the meaning of the Public Governance, Performance and Accountability Act 2013 ) of a non - corporate Commonwealth entity (within the meaning of that Act) . In exercising powers or functions under a delegation, the official must comply with any directions of the Finance Minister.