{
  "url": "https://openlegislation.uk/trusts-and-succession-scotland-act-2024/section-20",
  "json_url": "https://openlegislation.uk/trusts-and-succession-scotland-act-2024/section-20.json",
  "legislation": "asp/2024/2",
  "legislation_title": "Trusts and Succession (Scotland) Act 2024",
  "legislation_url": "https://openlegislation.uk/trusts-and-succession-scotland-act-2024",
  "path": "section/20",
  "kind": "section",
  "number": "20",
  "heading": "Exercise of power of investment: further provision",
  "text": "(1) For the purposes of section 19(1) and (2), where two or more proposed investments are suitable for the trust, the trustees may (except in so far as the trust deed, expressly or by implication provides otherwise) take into account appropriate non-financial considerations in determining which investment to make.\n(2) An appropriate non-financial consideration may be (either or both)—\n(a) a consideration that one investment is more consistent with the purposes of the trust than the other investment,\n(b) an ethical, social or environmental consideration.\n(3) This section—\n(a) does not apply as respects a trust created before the section comes into force, and\n(b) is without prejudice to any other power of trustees to take into account non-financial considerations in relation to determining investments.",
  "extent": "S",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 20 not in force at Royal Assent, see s. 88(3)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "coming into force",
      "affecting": "ssi/2026/323",
      "affecting_title": "The Trusts and Succession (Scotland) Act 2024 (Commencement No. 2 and Saving and Transitory Provision) Regulations 2026"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/asp/2024/2/section/20",
    "retrieved_at": "2026-11-07T03:33:02.065044+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."
}