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GOVERNMENT LOANS ACT (NORTHERN IRELAND) 1957 - SECT 20 

Investments.

20.(1) The Ministry may from time to time invest or apply any moneys standing
for the time being to the account of the Loans Fund

(a)in the purchase or redemption of Ulster Loans stock or Ulster Loans
securities; or

(b)in the purchase of such other securities as the Ministry may determine;

(2) The Ministry may from time to time determine that any Ulster Loans stock
or Ulster Loans securities created and issued under section eleven or section
twelve shall, to such extent, if any, as it may direct, be held for the
account of the Loans Fund.

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© 1957 Crown Copyright

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