Document ID: chunk:federal_register_of_legislation:F2024L01130:reg:10
Version: federal_register_of_legislation:F2024L01130
Segment Type: reg
Provision Reference: reg 10
Character Range: 8559–9392

10  Authorisation for the Commonwealth Scientific and Industrial Research Organisation
 (1) The Commonwealth Scientific and Industrial Research Organisation is authorised to invest relevant money for which the Organisation is responsible in accordance with this section.
 (2) The Organisation 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 Organisation; and
 (b) denominated in Australian currency.

Part 7—The Civil Aviation Safety Authority