Document ID: chunk:federal_register_of_legislation:F2020C00740:reg:12
Version: federal_register_of_legislation:F2020C00740
Segment Type: reg
Provision Reference: reg 12
Character Range: 18055–18642

12  Manner of investment
 (1) CSC may invest money in any manner (including jointly with one or more other persons).
 (2) However, CSC must invest money under section 11 only through one or more investment managers who undertake to invest, and manage the investment of, the money on CSC's behalf.
 (3) CSC must ensure that any investment manager CSC engages for investment under section 11:
 (a) operates within CSC's investment strategy and policy; and
 (b) reports to CSC on the state of CSC's investments and the investment market at such times and in such manner as CSC determines.