The purpose of the Investments Policy is to provide direction to management and Council in relation to the Investment of funds and establish an appropriate structure to ensure that:
- Council complies with the requirements of the Local Government Act, 1989
- Council funds are preserved
- Council maximises the return on funds whilst operating within the requirements of the Local Government Act 1989
- Ensure that the investment portfolio is structured to provide sufficient liquidity to meet all reasonably anticipated cash flow requirements.
This policy covers
- Aim and Objectives
- Modification and Review