Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1069R

    The CSLR operator must not invest money of the CSLR operator unless:

  (a)   the money is not immediately required for the purposes mentioned in paragraphs 1069Q(1)(a) to (e); and

  (b)   the money is invested:

  (i)   on deposit with an ADI (within the meaning of the Banking Act 1959 ), including a deposit evidenced by a certificate of deposit; or

  (ii)   in securities of, or securities guaranteed by, the Commonwealth, a State or a Territory.