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Section 44

Securities to be trust investment

of Local Government Act 1976

ActIn forceProvision 44 of 173
Section 44

(2)

Where any local authority or statutory body is by law authorized or required to invest moneys in the securities of the Government of the Federation, it may invest such moneys in any securities issued by a local authority under this Act or any other written law.

Read in full context — Local Government Act 1976 →