INDUSTRIAL TRAINING (CONSTRUCTION INDUSTRY) ORDINANCE
Investment of funds
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.