# Trustee Act 1925, Section 5: Enlargement of powers of investment.

Extent: E+W

(1) A trustee having power to invest in real securities may invest and shall be deemed always to have had power to invest—
(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) on any charge, or upon mortgage of any charge, made under the Improvement of Land Act, 1864.
(2) A trustee having power to invest in real securities may accept the security in the form of a charge by way of legal mortgage, and may, in exercise of the statutory power, convert an existing mortgage into a charge by way of legal mortgage.
(3) A trustee having power to invest in the mortgages or bonds of any railway company or of any other description of company may invest in the debenture stock of a railway company or such other company as aforesaid.
4)—(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/Geo5/15-16/19/section/5 (the official version)
Page: https://openlegislation.uk/trustee-act-1925/section-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.