New South Wales Consolidated Acts

CANCER INSTITUTE (NSW) ACT 2003 - SECT 18

18 Investments

(1) The Cancer Institute may invest money held by it:

(a) if the Cancer Institute is a GSF agency for the purposes of Part 6 of the Government Sector Finance Act 2018 --in any way that the Cancer Institute is permitted to invest money under that Part, or

(b) if the Cancer Institute is not a GSF agency for the purposes of Part 6 of the Government Sector Finance Act 2018 --in any way authorised for the time being for the investment of trust funds and in any other way approved by the Minister with the concurrence of the Treasurer.

(2) The Cancer Institute may at any time dispose of any of its investments and apply the proceeds for the purpose of exercising its functions.

(3) This section is, in relation to the investment of any funds, subject to the terms of any trust applying to those funds.