New South Wales Consolidated Acts

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STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 75

Investment of money in administrative fund or capital works fund

75 Investment of money in administrative fund or capital works fund

(1) An owners corporation may invest any money in its administrative fund or capital works fund in any manner permitted by law for the investment of trust funds or in any investment prescribed by the regulations.
(2) Any interest received on an investment made under this section forms part of the fund to which the investment belongs.



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