Public Authorities (Financial Arrangements) Amendment (Cancer Institute) Regulation 2005 (NSW)

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2005 No 78

New South Wales

Public Authorities (Financial

Arrangements) Amendment

(Cancer Institute) Regulation 2005

under the

Public Authorities (Financial Arrangements) Act 1987

Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Public Authorities (Financial Arrangements) Act 1987.

ANDREW REFSHAUGE, M.P.,

Treasurer

Explanatory note

The object of this Regulation is to confer additional investments powers on the Cancer including clause 2 (c) of Schedule 4 and section 43 (the general regulation-making power).

Institute (NSW).

Published in Gazette No 32 of 11 March 2005, page 692	Page 1
2005 No 78	Public Authorities (Financial Arrangements) Amendment (Cancer Institute)
Clause 1	Regulation 2005

Public Authorities (Financial Arrangements)

Amendment (Cancer Institute) Regulation 2005

under the

Public Authorities (Financial Arrangements) Act 1987

1 Name of Regulation
This Regulation is the Public Authorities (Financial Arrangements)
Amendment (Cancer Institute) Regulation 2005.

2 Amendment of Public Authorities (Financial Arrangements) Regulation 2000
The Public Authorities (Financial Arrangements) Regulation 2000 is amended as set out in Schedule 1.

Public Authorities (Financial Arrangements) Amendment (Cancer Institute)	2005 No 78
Regulation 2005
Amendment	Schedule 1
Schedule 1	Amendment

(Clause 2)

Clause 52P
Insert after clause 52O:

52P Additional investment powers—Cancer Institute (NSW)
The following additional investments are prescribed in respect of the Cancer Institute (NSW) (the Institute) for the purposes of clause 2 (c) of Schedule 4 to the Act:

(a)

any investment in a unit trust scheme within the meaning of the Duties Act 1997,

(b)

in the case of funds of or under the control of the Institute comprising property the subject of a gift, devise or bequest to the Institute—investment in such manner as will enable the property to be retained by the Institute in the form that the property was gifted, devised or bequeathed,

(c)

investment in such manner as may be necessary to enable the Institute to act as provided by section 16 (3) of the Cancer Institute (NSW) Act 2003.

BY AUTHORITY

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(a)	any investment in a unit trust scheme within the meaning of the Duties Act 1997,
(b)	in the case of funds of or under the control of the Institute comprising property the subject of a gift, devise or bequest to the Institute—investment in such manner as will enable the property to be retained by the Institute in the form that the property was gifted, devised or bequeathed,
(c)	investment in such manner as may be necessary to enable the Institute to act as provided by section 16 (3) of the Cancer Institute (NSW) Act 2003.