Section 69

A society may invest or deposit its funds in such manner as it thinks fit.

Despite subsection (1), a credit society must invest or deposit its funds in accordance with any restrictions on investment contained in written directions issued by the Registrar.

Despite section 63, any person who exercises any power of investment in relation to the funds of a society pursuant to subsection (1) or (2) is, when exercising such power of investment, subject to the same duty of care imposed on a trustee under section 3A of the Trustees Act 1967.