3. The authorization of the Minister of Finance and the authorization of the Minister responsible for the administration of the Act governing the body are not required in respect of a special fund or an endowment fund created and administered, in accordance with section 269 of the Act respecting health services and social services (chapter S-4.2), by an institution that makes the investments referred to in section 2. The term of the investment may not exceed the term provided for the use of the funds, if any.