National Environmental Management: Biodiversity Act, 2004 (Act No. 10 of 2004)

Chapter 2 : South African National Biodiversity Institute

Part 5 : Financial Matters

32. Investments
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The Institute may invest any of its funds not immediately required—

(a)subject to any investment policy that may be prescribed in terms of section 7(4) of the Public Finance Management Act; and
(b)in such a manner that the Minister may approve.