Document ID: chunk:federal_register_of_legislation:C2024C00794:section:65bg
Version: federal_register_of_legislation:C2024C00794
Segment Type: section
Provision Reference: s 65BG
Character Range: 326094–326910

65BG  Investment of surplus money
 (1) The NTAI Corporation may invest relevant money (within the meaning of the Public Governance, Performance and Accountability Act 2013) for which the NTAI Corporation is responsible and that is not immediately required for the performance of the NTAI Corporation's functions (subject to section 65BH and subsection (4) of this section).
Note: For invest, see subsection 65A(1).
 (2) Section 59 of the Public Governance, Performance and Accountability Act 2013 (which deals with investment by corporate Commonwealth entities) does not apply to the NTAI Corporation.
 (3) Subsection (1) of this section and paragraph 65BB(b) do not limit each other.
 (4) An investment under subsection (1) must not be inconsistent with the terms of any trust that applies to the money concerned.