Public Authorities (Financial Arrangements) Act 1987 Regulation relating to the investment powers of the NSW Insurance Ministerial Corporation (1993-212) [GG No 61 of 18.6.1993] (NSW)

1993—No. 212

PUBLIC AUTHORITIES (FINANCIAL ARRANGEMENTS)
ACT 1987—REGULATION
(Relating to the investment powers of the NSW Insurance

Ministerial Corporation)

NEW SOUTH WALES

[Published in Gazette No. 61 of 18 June 1993]

HIS Excellency the Governor, with the advice of the Executive Council,

and on the recommendation of the Treasurer, and in pursuance of the Public Authorities (Financial Arrangements) Act 1987, has been pleased to make the Regulation set forth hereunder.

PETER COLLINS, Q.C., M.P.,

Treasurer.

The Public Authorities (Financial Arrangements) Investment Powers Regulation 1990 is amended by inserting in Schedule 1 in alphabetical order of authorities the following words:

NSW Insurance Ministerial Corporation

EXPLANATORY NOTE

The object of this Regulation is to amend the Public Authorities (Financial Arrangements) Investment Powers Regulation 1990 to confer on the NSW Insurance Ministerial Corporation the investment powers described in Part I of Schedule 4 to the Public Authorities (Financial Arrangements) Act 1987 in respect of the funds of or under the control of that corporation. The NSW Insurance Ministerial Corporation is constituted by Part 5 of the Government Insurance Office (Privatisation) Act 1991.

This Regulation is made under the Public Authorities (Financial Arrangements) Act 1987, including section 24.