Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Act 2009

7.

Amendment of section 19 of Principal Act (investment policy for Fund).

7.— Section 19 of the Principal Act is amended—

( a) in subsection (1) by substituting “Other than in the case of a directed investment, moneys” for “Moneys”, and

( b) by inserting after subsection (2)—

“(3) In determining the investment strategy for the Fund under section 6(1)( c), the Commission may have regard to its directed investments.”.

Annotations:

Amendments:

F7

Repealed by National Treasury Management Agency (Amendment) Act 2014 (23/2014), s. 6(d), not commenced as of date of revision.

Modifications (not altering text):

C7

Prospective affecting provision: section repealed by National Treasury Management Agency (Amendment) Act 2014 (23/2014), s. 6(d), not commenced as of date of revision.

Amendment of section 19 of Principal Act (investment policy for Fund).

7.— F7 [ ]