{
  "url": "https://openlegislation.uk/trustee-investments-act-1961/schedule-THIRD/paragraph-2",
  "json_url": "https://openlegislation.uk/trustee-investments-act-1961/schedule-THIRD/paragraph-2.json",
  "legislation": "ukpga/Eliz2/9-10/62",
  "legislation_title": "Trustee Investments Act 1961",
  "legislation_url": "https://openlegislation.uk/trustee-investments-act-1961",
  "path": "schedule/THIRD/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "Section four of the Trustee Act, 1925, or section thirty-three of the Trusts (Scotland) Act, 1921 (which relieve a trustee from liability for retaining an investment which has ceased to be authorised), shall not apply where an investment ceases to be authorised in consequence of the foregoing paragraph.",
  "extent": "S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 3 repealed (with savings) (E.W.) (1.2.2001) by 2000 c. 29, s. 40(1)(3), Sch. 2 Pt.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      "text": "Sch. 3 repealed (with savings) (S.) (1.1.2006) by Charities and Trustee Investment (Scotland) Act 2005 (asp 10), s. 107(2), Sch. 3 para. 4(3); S.S.I. 2005/644, art. 2(1), Sch.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": "M",
      "label": "M1",
      "text": "1925 c. 19(98:4)"
    },
    {
      "type": "M",
      "label": "M2",
      "text": "1921 c. 58(128)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/Eliz2/9-10/62/schedule/THIRD/paragraph/2",
    "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."
}