Electricity (Supply) (Amendment) Act, 1982

Amendment of Electricity Supply Board (Superannuation) Act, 1942.

8.—(1) Section 8 (2) of the Electricity Supply Board (Superannuation) Act, 1942 , is hereby amended by the substitution of the following paragraphs for paragraphs (a) and (b)—

“(a) in such securities for the time being authorised by law for the investment of trust funds as the trustees of the fund think proper;

(b) in such other manner as the trustees, with the approval of the Minister for Finance, think proper;”.

(2) Subsection (1) of this section shall, in so far as it relates to paragraph (b) of the said section 8(2), have, and be deemed to have had effect, as on and from the 22nd day of July, 1942.