LM329 voltage reference

I have a couple of questions regarding the use of these in a TPR that some helpful person may be able to answer.

I thought i would have a go with the acoustica TPR and stick a 329 in as on Neil McBride's site. This is going to get tried in the role of powering the front end of some NCC and Nap boards. I am trying to learn new things and so will be trying the tpr along with various gyrator/vbe circuits.

1) I am wondering if the LM329 can be used when the supply voltage to the circuit is 50 - 60 volts. The data sheet gave me the impression it could be used within the range of 9 - 40 volts. I don't know what voltage the 329 would see in a tpr.

2) I assume the 329 can be used with negative voltages by just inverting it's orientation ?

Many thanks, Stu.

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LM329 voltage reference