Section 7: Powers of Board
consolidated text (as at 2004). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
7. Powers of Board
(1) The Board may do all such things as appear requisite and advantageous in furtherance of the objects of the Fund.
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(2) Without prejudice to the generality of subsection (1), the Board may
invest any surplus remaining in the Fund in such manner as the Board may
determine, regard being had to the need for an appropriate level of liquidity in
the Fund.
(3) The Board may set up such subcommittees as may be necessary for
the discharge of its functions under this Act.