# Horserace Betting and Olympic Lottery Act 2004, Section 27: Investment


(1) Money in the Olympic Lottery Distribution Fund may be paid to the National Debt Commissioners and invested by them.
(2) Proceeds of an investment under this section—
(a) may be re-invested by the National Debt Commissioners, and
(b) unless re-invested, shall be paid into the Olympic Lottery Distribution Fund.
(3) In exercising a function under this section the National Debt Commissioners shall comply with any direction of the Treasury.

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Source: https://www.legislation.gov.uk/ukpga/2004/25/section/27 (the official version)
Page: https://openlegislation.uk/horserace-betting-and-olympic-lottery-act-2004/section-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

