# Trusts (Scotland) Act 1921, Section 33: Investment ceasing to be an authorised investment.


A trustee shall not be liable for breach of trust by reason only of his continuing to hold an investment which has ceased to be an investment authorised by the trust deed or by or under this Act.

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Source: https://www.legislation.gov.uk/ukpga/Geo5/11-12/58/section/33 (the official version)
Page: https://openlegislation.uk/trusts-scotland-act-1921/section-33
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.