Victorian Current Acts

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CEMETERIES AND CREMATORIA ACT 2003 - SECT 45

Investment powers

    (1)     Subject to the direction of the Minister, a cemetery trust may invest its money in any manner it sees fit.

    (2)     The Minister may give written directions as to how a cemetery trust is to invest its money.

    (3)     A direction under subsection (2) may—

        (a)     apply to—

              (i)     an individual cemetery trust; or

              (ii)     a class of cemetery trusts; or

              (iii)     all cemetery trusts.

S. 45(3)(b) amended by Nos 108/2004 s. 117(1) (Sch.  3 item 27.1), 29/2010 s. 50(3).

        (b)     provide that any matter may be determined, approved or dispensed with by the Secretary or any employee or employees or class of employees employed under Part 3 of the Public Administration Act 2004 in the Department of Health.



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