Cap. 575 Art. 59Investment of sinking fund.

(1) All moneys appropriated under article 58(2) as contributions to the sinking fund established for any loan shall be placed at interest or invested in such stocks or securities or in such other investment or classes of investments, including stocks or securities issued under the provisions of this Act, as the Minister may from time to time direct.

(2) The interest, dividends, bonus and other profit of any investment of any part of any sinking fund shall be placed at interest or invested as directed by the Minister so as to form part of the sinking fund in like manner as moneys appropriated under article 58(2) as contributions to the sinking fund.