Commonwealth Consolidated Acts

AUSTRALIAN INSTITUTE OF HEALTH AND WELFARE ACT 1987 - SECT 25

    The Institute:

  (a)   shall pay trust money into an account or accounts containing no money other than trust money;

  (b)   shall apply or deal with trust money and trust property only in accordance with the powers and duties of the Institute as trustee; and

  (c)   may only invest trust money:

  (i)   in any manner in which the Institute is authorised to invest the money by the terms of the trust; or

  (ii)   in any manner in which trust money may be lawfully invested.