# The Trustee Investments (Additional Powers) Order 1994

S.I. 1994/265 · made 8 February 1994

This Order adds National Savings Pensioners Guaranteed Income Bonds to the list of investments in Part I of the First Schedule to the Trustee Investments Act 1961. This Part of the Schedule sets out narrower-range investments that may be made by trustees without previously obtaining advice.

Made under: 1961 c. 62 (Section 12)

## Introductory text

TRUSTEES
Made 8th February 1994
Laid before Parliament 18th February 1994
Coming into force 11th March 1994
At the Court at Buckingham Palace, the 8th day of February 1994
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:—

## 1 Citation and commencement

This Order may be cited as the Trustee Investments (Additional Powers) Order 1994 and shall come into force on 11th March 1994.

## 2 Addition 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 Pensioners Guaranteed Income Bonds to paragraph 1 of Part I of the First Schedule thereto.

## Signature

N. H. Nicholls
Clerk of the Privy Council

## Explanatory note

(This note is not part of the Order)
This Order adds National Savings Pensioners Guaranteed Income Bonds to the list of investments in Part I of the First Schedule to the Trustee Investments Act 1961. This Part of the Schedule sets out narrower-range investments that may be made by trustees without previously obtaining advice.

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Source: https://www.legislation.gov.uk/uksi/1994/265 (the official version)
Page: https://openlegislation.uk/trustee-investments-additional-powers-order-1994
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.