Document ID: chunk:federal_register_of_legislation:C2024C00794:section:35:p4
Version: federal_register_of_legislation:C2024C00794
Segment Type: section
Provision Reference: s 35 (pt 4/4)
Character Range: 204737–205365

with that subsection, the Land Council shall cause that amount to be invested in investments of the kind authorised by section 58 of the Public Governance, Performance and Accountability Act 2013.
 (11) Where a Land Council pays out an amount of money that it has held in trust and invested in accordance with this section, the Land Council shall, so far as is practicable, pay to the body or person to whom that amount is paid the interest received by the Land Council in respect of the investment of that amount.
Note: Sections 35B and 35C impose requirements on a body corporate that receives an amount under this subsection.