# The Charities (Trustee Investments Act 1961) Order 1995, Article 2


It is hereby directed that, in the case of a trust fund consisting of property held by or in trust for a charity, any division of the fund in pursuance of section 2(1) of the Trustee Investments Act 1961 shall be made so that the value of the wider-range part at the time of the division bears to the then value of the narrower-range part the proportion of three to one.

---
Source: https://www.legislation.gov.uk/uksi/1995/1092/article/2 (the official version)
Page: https://openlegislation.uk/charities-trustee-investments-act-1961-order-1995/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.