Document ID: chunk:federal_register_of_legislation:C2004A05288:section:24
Version: federal_register_of_legislation:C2004A05288
Segment Type: section
Provision Reference: s 24
Character Range: 20470–21204

24  Investments

 (1) Any investment made by the Board before the commencement of this section using the proceeds of the sale or disposal of pool return wheat, being new season wheat, bought by the Board has effect, and is taken at all relevant times to have had effect, as if it were made by the Board in the capacity of agent of nominated company B.

 (2) Any investment made by the Board before the commencement of this section using money borrowed as mentioned in subsection 22(1) has effect, and is taken at all relevant times to have had effect, as if it were made by the Board in the capacity of agent of nominated company B using money on-lent to nominated company B by nominated company A as mentioned in subsection 22(2).