| |
PART 4
Fund Investment Services
|
|
|
Interpretation.
|
27.—(1) In this Part—
|
|
| |
“enactment” means a statute or an instrument made under a power conferred by statute;
|
|
| |
“fund” means a fund managed or controlled, or both managed and controlled, by a Minister of the Government;
|
|
| |
“investment” means, in relation to a fund—
|
|
| |
(a) the application of the moneys in the fund concerned for the purpose of acquiring, holding or disposing of any right or interest, direct or indirect, in any asset, or
|
|
| |
(b) the placing or holding of the moneys in the fund concerned in any account.
|
|
| |
(2) This Part shall not be construed as affecting or altering any power contained in an enactment to invest the moneys in a fund.
|
