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Section 19: Investments

Road Development Authority Act · PART IV: FINANCIAL PROVISIONS

consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

19. Investments (1) The Authority shall manage its operations in such a manner as to obtain a reasonable return on any capital invested. (2) The Board may invest, with the approval of the Minister and on such terms as may be determined by the Authority, such part of the funds of the Authority as are not required to meet its liabilities. [Issue 1] R26 – 6

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