Article 34 Range of investments
Subject to paragraph (3), money under the control of, or subject to an order of the court, may be invested or reinvested by the Accountant General in accordance with these Rules, in the following ways:—
it may be placed to a basic account or, in the case of a person under a disability, to a special account;
it may be transferred to such of the funds established by common investment schemes as may be specified;
it may be invested in any manner specified in Part I, paragraphs 1 to 10 and 12 of Part II and paragraphs 2 and 3 of Part III of Schedule 1 to the Trustee Investment Act 1961f1, as supplemented by the provisions of Part IV of that Schedule.
Money subject to an order of the court may be invested or reinvested by the Accountant General in accordance with instructions received by him from the Central Investment Branch.
Money under the control of or subject to an order of the Court of Protection may be invested or reinvested by the Accountant General in such investments as that court may direct.
Annotations
Footnotes
- f1