New South Wales Consolidated Acts
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MINORS (PROPERTY AND CONTRACTS) ACT 1970 - SECT 23
Investment in government securities
23 Investment in government securities
An investment by a minor in:
(a) any public funds or government stock or
government securities of any State of Australia or of the Commonwealth, or
(b) any debentures or securities guaranteed by the Government or by the
Treasurer:
is presumptively binding on the minor.
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