Check places for funds again (9)

I believe the answer is:

reinvests

'funds again' is the definition.

'check places' is the wordplay.
'check' becomes 'rein' (both can mean to control or limit).
'places' becomes 'vests' (vest can mean place as in to vest power in someone).
'rein'+'vests'='REINVESTS'

'for' is the link.

I've seen this clue in The Guardian.

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