{
  "url": "https://openlegislation.uk/trustee-investments-act-1961/schedule-SECOND/paragraph-3",
  "json_url": "https://openlegislation.uk/trustee-investments-act-1961/schedule-SECOND/paragraph-3.json",
  "legislation": "ukpga/Eliz2/9-10/62",
  "legislation_title": "Trustee Investments Act 1961",
  "legislation_url": "https://openlegislation.uk/trustee-investments-act-1961",
  "path": "schedule/SECOND/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "Where property carried to such a separate part as aforesaid is converted into property other than special-range property,—\n(a) it shall be transferred to the narrower-range part of the fund or the wider-range part of the fund or apportioned between them, and\n(b) any transfer of property from one of those parts to the other shall be made which is necessary to secure that the value of each of those parts of the fund is increased by the same amount.",
  "extent": "S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 2 repealed (with saving) (E.W.) (1.2.2001) by 2000 c. 29, s. 40(1)(3), Sch. 2 Pt. I para. 1(2), Sch. 4 Pt. I (with s. 35); S.I. 2001/49, art. 2"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Sch. 2 repealed (with saving) (S.) (1.1.2006) by Charities and Trustee Investment (Scotland) Act 2005 (asp 10), s. 107(2), Sch. 3 para. 4(3); S.S.I. 2005/644, art. 2(1), Sch. 1"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Sch. 2 para 3(b) modified (S.)(25.4.1995) by S.I. 1995/1092, art. 3(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/Eliz2/9-10/62/schedule/SECOND/paragraph/3",
    "retrieved_at": "2026-11-05T03:40:09.020529+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}