29Investment management
The Guardians may appoint, on any terms and conditions that the Guardians think fit, 1 or more persons (including any department) to undertake the investment of any part of the VCF.
Different persons may be appointed for different parts of the VCF.
The Guardians must state, in each instrument of appointment, the powers and rights of the person appointed (including, without limitation, the extent of that person’s power to delegate any of those powers and rights).
This section is subject to sections 19 to 24 and Part 1 of Schedule 1.
This section does not limit section 17 of the Crown Entities Act 2004.
Compare
- 2001 No 84 s 62


