[Download] "Local Government Investing: A Form of Gampling?(Report)" by Australasian Journal of Regional Studies ~ Book PDF Kindle ePub Free
eBook details
- Title: Local Government Investing: A Form of Gampling?(Report)
- Author : Australasian Journal of Regional Studies
- Release Date : January 01, 2010
- Genre: Social Science,Books,Nonfiction,
- Pages : * pages
- Size : 215 KB
Description
1. INTRODUCTION Local councils in New South Wales have been given the authority under section 625 of the Local Government Act (1993) to invest monies that are not required for immediate use in a range of financial instruments. This authority to invest monies that has been derived from the ratepayers within each community, has a number of restrictions with respect to the types of allowed investment types, which are imposed by the NSW Department of Local Government.