OpenLegislation

Section 10 Investment of reserve funds.F1

United Kingdom

Any money of the Authority which is not immediately required for any other purpose may be invested by the Authority in any investments in which trustees may invest under the general power of investment in section 3 of the Trustee Act 2000 (as restricted by sections 4 and 5 of that Act).

Annotations

Textual amendments

F1

S. 10 substituted (1.2.2001) by 2000 c. 29, s. 40(1), Sch. 2 Pt. II para. 41 (with s. 35); S.I. 2001/49, art. 2