Victorian Current Acts

LOCAL GOVERNMENT ACT 2020 - SECT 103

A Council may invest any money—

        (a)     in Government securities of the Commonwealth; and

        (b)     in securities guaranteed by the Government of Victoria; and

        (c)     with an ADI; and

        (d)     with any financial institution guaranteed by the Government of Victoria; and

        (e)     on deposit with an eligible money market dealer within the meaning of the Corporations Act; and

        (f)     in any other manner approved by the Minister, either generally or specifically, to be an authorised manner of investment for the purposes of this section.