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Section 68

Validation of certain powers of trustees

of Trustee Act 1949

ActIn forceProvision 68 of 69
Section 68

The repeal, by the Parliament of the United Kingdom, of certain provisions of the Trustee Act 1925 of the United Kingdom [U.K.

1925 c. 19.] shall be deemed not to have affected the powers of trustees under paragraph 4(i) (as that paragraph stood before the amendment of the said section 4 by the Trustees Investment Act 1965

[Act 36 of 1965], and under which paragraph a trustee was, before the commencement of that Act, authorized to invest in any investment authorized for the investment of trust funds by the said Act of 1925.)