Document ID: chunk:federal_register_of_legislation:F2024L01130:reg:11
Version: federal_register_of_legislation:F2024L01130
Segment Type: reg
Provision Reference: reg 11
Character Range: 9392–10150

11  Authorisation for the Civil Aviation Safety Authority
 (1) The Civil Aviation Safety Authority is authorised to invest relevant money for which the Authority is responsible in accordance with this section.
 (2) The Authority may invest in one or more of the following:
 (a) bills of exchange accepted or endorsed only by an approved bank;
 (b) dematerialised securities that are the equivalent of the bills of exchange covered by paragraph (a);
 (c) certificates of deposit with an approved bank;
 (d) dematerialised securities that are the equivalent of the certificates of deposit covered by paragraph (c).
 (3) Investments must be:
 (a) in the name of the Authority; and
 (b) denominated in Australian currency.

Part 8—Australian Hearing Services