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The Trustee Investments (Additional Powers) (No. 2) Order 1983

S.I. 1983/1525 · Made 19 October 1983

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TRUSTEES

Made 19th October 1983

Laid before Parliament 27th October 1983

Coming into Operation 17th November 1983

At the Court at Buckingham Palace, the 19th day of October 1983

Present,

The Queen's Most Excellent Majesty in Council

Her Majesty, in exercise of the powers conferred on Her by section 12 of the Trustee Investments Act 1961, and of all other powers enabling Her in that behalf, is pleased, by and with the advice of Her Privy Council, to order, and it is hereby ordered, as follows:—

Contents

  1. 1Citation and commencement
  2. 2Addition to Part I of the First Schedule to the Trustee Investments Act 1961
  3. Signature
  4. Explanatory note

1Citation and commencement

This Order may be cited as the Trustee Investments (Additional Powers) (No. 2) Order 1983 and shall come into operation on 17th November 1983.

2Addition to Part I of the First Schedule to the Trustee Investments Act 1961

The powers of investment conferred by section 1 of the Trustee Investments Act 1961 shall be extended by adding National Savings Deposit Bonds to paragraph 1 of Part I of the First Schedule theretof1;

Signature

N.E. Leigh

Clerk of the Privy Council

Explanatory note

This Order adds National Savings Deposit Bonds to the list in Part I of the First Schedule to the Trustee Investments Act 1961 of narrower range investments not requiring advice.