Intoxicating Liquor Act, 1927

Investment of compensation money.

45.—(1) Rules made under this Act for the management of compensation funds may provide for the investment of any compensation money for the time being in the hands of the treasurer and which, owing to the absence of an allocation order or for any other reason, cannot immediately be paid to the person entitled thereto.

(2) Whenever compensation money is invested under rules made by virtue of this section, all income earned by such investment and all accretions of capital accruing from such investment shall belong and be paid to the person to whom such compensation money ultimately becomes payable and all expenses and depreciations of capital incurred in or by such investment shall be borne by such person.