Issue - decisions

Investment and Acquisition Strategy Update

18/09/2019 - Investment and Acquisition Strategy Update

Cabinet resolved to:

 

(i)  Note the progress being made in meeting the Investment and Acquisition (IAS) income target;

(ii)  Note the governance and controls that were in place to management the IAS;

(iii)  Note the addition of a Lease and Lease Back asset class to the IAS;

(iv)  Note the limitations that impact the IAS through the net interest requirement; and

(v)  Approve the updated IAS contained in Appendix 1 to the report.