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StatuteCorporations Act 2001

Section 1069R — Corporations Act 2001: Investment by CSLR operator

Text of the provision Official document

The CSLR operator must not invest money of the CSLR operator unless: (a) the money is not immediately required for the purposes mentioned in paragraphs 1069Q(1)(a) to (e); and (b) the money is invested: (i) on deposit with an ADI (within the meaning of the Banking Act 1959), including a deposit evidenced by a certificate of deposit; or (ii) in securities of, or securities guaranteed by, the Commonwealth, a State or a Territory.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.