# The Trustee Investments (Division of Trust Fund) Order 1996, Article 2


It is hereby directed that, subject to section 4(3) of the Trustee Investments Act 1961, any division of a trust fund made in pursuance of section 2(1) of that Act shall be made so that the value of the wider-range part at the time of the division bears to the then value of the narrower-range part the proportion of three to one.

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Source: https://www.legislation.gov.uk/uksi/1996/845/article/2 (the official version)
Page: https://openlegislation.uk/trustee-investments-division-of-trust-fund-order-1996/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.