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Public Investment Corporation Act, 2004 (Act No. 23 of 2004)

10. Investment of deposits



(1) The corporation may invest every deposit or portions of a deposit, with regard to the period, if any, after the expiration of which such a deposit or portions of such a deposit may again become necessary for use, on behalf of the depositor concerned in accordance with the investment policy of the corporation.


(2) The board must adopt an investment strategy with guidelines to regulate the investment of deposits and other money referred to in section 11.