Section 12 Power to confer additional powers of investment.C1F1
United Kingdom
Her Majesty may by Order in Council extend the powers of investment conferred by section one of this Act by adding to Part I, Part II or Part III of the First Schedule to this Act any manner of investment specified in the Order.
Any Order under this section shall be subject to annulment in pursuance of a resolution of either House of Parliament.
Annotations
Textual amendments
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S. 12 repealed (with saving) (E.W.) (1.2.2001) by 2000 c. 29, s. 40(1)(3), Sch. 2 Pt. I para. 1(1), Sch. 4 Pt. I (with s. 35); S.I. 2001/49, art. 2
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S. 12 repealed (with saving) (S.) (1.1.2006) by Charities and Trustee Investment (Scotland) Act 2005 (asp 10), s. 107(2), Sch. 3 para. 4(2); S.S.I. 2005/644, art. 2(1), Sch. 1
Modifications
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S. 12 applied (with modifications) (E.W.S.)(7.2.1995) by S.I. 1995/356, art. 10(4)
S. 12 applied (E.W.S.)(11.2.1997) by S.I. 1997/266, art. 10(4)
Notes on the whole Act
Textual amendments
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Act ceases to have effect in part (S.) (1.4.2010) by virtue of The Local Government Investments (Scotland) Regulations 2010 (S.S.I. 2010/122), regs. 1, 4