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10-11 Release of Investment Policy Guidelines

Date: Tuesday 25th May 2010
Category: Council Circular

The Guidelines have been developed to assist councils with the preparation of an investment policy and the prudent and appropriate management of council’s surplus funds.

As a result of the feedback received, the main changes to the Investment Policy Guidelines include:

  • clarification on the role of independent financial advisors
  • removal of the term ‘investment strategy’
  • guidance to councils following a breach of the council’s investment policy
  • a greater emphasis on councils maintaining legal title of their investments. Read more...
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