Western Australian Numbered Acts Western Australian Numbered Acts (1) The Board may only
invest in debt paper or securities of an Employer if doing so will not result
in a breach of subsection (3).
(2) If at any time it
appears to the Board that subsection (3) is being breached, the Board must
remedy the breach.
(3) This subsection is
breached if the cost of the Board’s investments in debt paper or
securities of an Employer (other than debt paper of the Western Australian
Treasury Corporation) exceeds the prescribed percentage of the cost of all of
the Board’s investments.