(1) The Minister may authorise the Director of Finance and Planning to invest monies forming part of the Consolidated Fund—
(a) with a bank, either at call or subject to notice;
(b) in deposits with the Eastern Caribbean Central Bank;
(c) in a manner authorised for investments of property in the hands of trustees by any enactment for the time being in force; or
(d) in securities issued by another Government or any agency of such other Government.
(2) The Minister may, if he or she is satisfied that it is in the public interest and with the prior approval of Parliament, cause the Director of Finance and Planning to purchase shares in any public company, with monies from the Consolidated Fund.
(3) Where the Minister causes shares to be purchased under subsection (2), he or she shall—
(a) submit a report to Parliament containing full details of any shares purchased; and
(b) lay on the Tables of Parliament a copy of any agreement made in relation to any such purchase; and the annual financial statement.
(4) The Director shall keep proper records of any investments under this section.
(5) Except for investments under subsection (1)(c), all investments made under this section together with any interest received therefrom shall be paid into and form part of the Consolidated Fund.
(6) All investments held by or on behalf of the Government on the date of the coming into operation of this Act shall, if the same are not held on account of Special Funds or Trust Funds set out in sections 9 and 10 respectively, be deemed to have been made out of monies issued from the Consolidated Fund and may be retained although such investments are not such as may be made under subsection (1).