Investment of surplus funds

(1) Any society may from time to time, as the rules permit, invest any portion of the funds of the society not immediately required for its purposes, (a) on real property in Belize; (b) in loans raised by the authority of the National Assembly; (c) on any security in which trustees are for the time being authorised by law to invest; or (d) in the shares of any company registered under the Act, Cap. 250, or incorporated by Act of the United Kingdom Parliament, Provided that no such investment be made in the shares of any company other than one with limited liability. (2) A society so investing may make such investment in its