Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Act 2009

Amendment of section 19 of Principal Act (investment policy for Fund).

7.— Section 19 of the Principal Act is amended—

(a) in subsection (1) by substituting “Other than in the case of a directed investment, moneys” for “Moneys”, and

(b) by inserting after subsection (2)—

“(3) In determining the investment strategy for the Fund under section 6(1)(c), the Commission may have regard to its directed investments.”.