Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 923

Permitted investments

For the purposes of this Part, money is taken to be invested in a permitted manner if, and only if, it is invested:

in a way in which trustees are for the time being authorised by a law of a State or Territory in this jurisdiction to invest trust funds; or

on deposit with an eligible money market dealer.

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