Contents of Section

Chapter:

317 Title:INDUSTRIAL TRAINING (CONSTRUCTION INDUSTRY) ORDINANCEGazette Number:
Section:17Heading:Investment of fundsVersion Date:30/06/1997

Caution : This is a past version. See the current version for the latest position.


All funds of the Authority that are not immediately required may be-

        (a) deposited on fixed deposit in any bank or savings bank nominated by the Financial Secretary either generally or in any particular case, for that purpose; or
        (b) subject to the prior approval of the Financial Secretary, invested in such investments as the Authority thinks fit.