Northern Territory Numbered Acts Northern Territory Numbered Acts(1) An industry board may only borrow money on terms and conditions approved by the Treasurer.
(2) The Treasurer may, in writing, specify classes of investment in which an industry board may invest its money without the Treasurer's approval.
(3) An industry board:
(a) may, without the Treasurer's approval, invest its money in an investment of a class that is specified under subsection (2); and
(b) may only invest its money in any other investment with the Treasurer's approval.