Document ID: chunk:federal_register_of_legislation:C2023C00441:section:17
Version: federal_register_of_legislation:C2023C00441
Segment Type: section
Provision Reference: s 17
Character Range: 25745–26618

17  Management of investments of the Fund
 (1) Income derived from an investment of the Fund is to be credited to the Fund Account.
 (2) A return of capital, or any other financial distribution, relating to an investment of the Fund is to be credited to the Fund Account.
 (3) The Board may realise an investment of the Fund.
 (4) Upon realisation of an investment of the Fund, the proceeds of the investment are to be credited to the Fund Account.
 (5) At any time before an investment of the Fund matures, the Board may authorise the re‑investment of the proceeds upon maturity in a financial asset investment with the same entity. The new investment is taken to be an investment of the Fund.
 (6) Section 58 of the Public Governance, Performance and Accountability Act 2013 (which deals with investment by the Commonwealth) does not apply to an investment of the Fund.