Section 24Funds for construction of Mass Rapid Transit System
Section 25Operating expenses
Section 26Reserve funds
Section 27Investment
Section 28Accounts
Section 29Audit of accounts
Section 30Presentation of financial statements and auditor’s report to Parliament

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Section 27

Investment

ActIn forceProvision 37 of 73

Section 27

Moneys of the Corporation may be invested in such forms of investment as trustees are authorised by law to invest.[21

Parent legislation

Rapid Transit Systems Act

Nearby in this law

Section 24Funds for construction of Mass Rapid Transit System
Section 25Operating expenses
Section 26Reserve funds
Section 27Investment
Section 28Accounts
Section 29Audit of accounts
Section 30Presentation of financial statements and auditor’s report to Parliament