# Trustee Act 2000, Section 7: Existing trusts.


(1) This Part applies in relation to trusts whether created before or after its commencement.
(2) No provision relating to the powers of a trustee contained in a trust instrument made before 3rd August 1961 is to be treated (for the purposes of section 6(1)(b)) as restricting or excluding the general power of investment.
(3) A provision contained in a trust instrument made before the commencement of this Part which—
(a) has effect under section 3(2) of the Trustee Investments Act 1961 as a power to invest under that Act, or
(b) confers power to invest under that Act,
is to be treated as conferring the general power of investment on a trustee.

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Source: https://www.legislation.gov.uk/ukpga/2000/29/section/7 (the official version)
Page: https://openlegislation.uk/trustee-act-2000/section-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.