# The British Wool Marketing Scheme (Approval) Order 1950, Paragraph 65


Any moneys for the time being standing to the credit of the fund may be left on current or deposit account or on deposit receipt in any bank, or if not for the time being required for the purposes of the functions of the Board may be invested but, except with the approval of the Minister, shall not be invested otherwise than in securities in which a trustee is authorised under Sections 1 and 2 of the Trustee Act, 1925, as extended by any subsequent enactment, to invest trust funds, or in any stocks, funds or securities mentioned in Sections 10 or 11 of the Trusts (Scotland) Act, 1921, or for the time being approved by the Court of Session under Section 27 of the last mentioned Act.

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Source: https://www.legislation.gov.uk/uksi/1950/1326/schedule/paragraph/65 (the official version)
Page: https://openlegislation.uk/british-wool-marketing-scheme-approval-order-1950/schedule/paragraph-65
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.