Document ID: chunk:federal_register_of_legislation:F2024L01130:reg:9
Version: federal_register_of_legislation:F2024L01130
Segment Type: reg
Provision Reference: reg 9
Character Range: 7879–8559

9  Authorisation for the Rural Industries Research and Development Corporation
 (1) The Rural Industries Research and Development Corporation is authorised to invest relevant money for which the Corporation is responsible in accordance with this section.
 (2) The Corporation 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).
 (3) Investments must be:
 (a) in the name of the Corporation; and
 (b) denominated in Australian currency.

Part 6—The Commonwealth Scientific and Industrial Research Organisation