Australian Capital Territory Numbered Acts

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VETERINARY SURGEONS ACT 2015 (NO. 29 OF 2015) - SECT 119

Banking and investment of money of board

    (1)     The board must—

        (a)     maintain at least 1 account; and

        (b)     pay all amounts it receives into an account; and

        (c)     pay all amounts it spends out of an account.

    (2)     The board may invest its money as it considers appropriate.

    (3)     In this section:

"account" means an account with an authorised deposit-taking institution.

Note      Authorised deposit-taking institution —see the Legislation Act

, dictionary, pt 1.



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