Section 22
Power of investment
of Institute of Brunei Technical Education Act
ActIn forceProvision 22 of 37
Section 22
Subject to any general or special directions as the Minister may issue, the Institute may —
(a)
invest its moneys in such manner as it thinks fit; and
Institute of Brunei Technical Education 16
(b)
engage in any financial activity or participate in any financial arrangement for the purpose of managing or hedging against any financial risk that arises or is likely to arise from such investment.