Document ID: chunk:federal_register_of_legislation:C2023C00105:section:61
Version: federal_register_of_legislation:C2023C00105
Segment Type: section
Provision Reference: s 61
Character Range: 46193–46946

61  Australian‑based investments
 (1) An investment for the purposes of the Corporation's investment function is solely or mainly Australian‑based if the Board is satisfied, in accordance with guidelines made under subsection (2), that the investment is solely or mainly Australian‑based.
 (2) The Board must, by writing, make guidelines setting out circumstances, conditions or other matters to which the Board will have regard in satisfying itself that an investment is solely or mainly Australian‑based.
 (3) The guidelines must not be inconsistent with the Investment Mandate.
 (4) The Board must publish guidelines made under subsection (2) on the Corporation's website.
 (5) Guidelines made under subsection (2) are not a legislative instrument.