Chwilio Deddfwriaeth

Chwiliad Uwch

Trustee Investments Act 1961

Changes to legislation:

Trustee Investments Act 1961 is up to date with all changes known to be in force on or before 18 November 2024. There are changes that may be brought into force at a future date. Help about Changes to Legislation

Close

Changes to Legislation

Changes and effects yet to be applied by the editorial team are only applicable when viewing the latest version or prospective version of legislation. They are therefore not accessible when viewing legislation as at a specific point in time. To view the ‘Changes to Legislation’ information for this provision return to the latest version view using the options provided in the ‘What Version’ box above.

  1. Introductory Text

  2. 1. New powers of investment of trustees.

  3. 2. Restrictions on wider-range investment.

  4. 3. Relationship between Act and other powers of investment.

  5. 4. Interpretation of references to trust property and trust funds.

  6. 5. Certain valuations to be conclusive for purposes of division of trust fund.

  7. 6. Duty of trustees in choosing investments.

  8. 7. Application of ss. 1–6 to persons, other than trustees, having trustee investment powers.

  9. 8. Application of ss. 1–6 in special cases.

  10. 9. Supplementary provisions as to investments.

  11. 10. Powers of Scottish trustees supplementary to powers of investment.

  12. 11. Local Authority investment schemes.

  13. 12. Power to confer additional powers of investment.

  14. 13. Power to modify provisions as to division of trust fund.

  15. 14. Amendment of s. 27 of Trusts (Scotland) Act 1921.

  16. 15. Saving for powers of court.

  17. 16. Minor and consequential amendments and repeals.

  18. 17. Short title, extent and construction.

  19. SCHEDULES

    1. FIRST SCHEDULE

      Manner of Investment

      1. Part I Narrower-Range Investments not Requiring Advice

        1. 1.In Defence Bonds, National Savings Certificates and Ulster Savings Certificates...

        2. 2.In deposits in the National Savings Bank . . ....

      2. Part II Narrower-Range Investments Requiring Advice

        1. 1.In securities issued by Her Majesty’s Government in the United...

        2. 2.In any securities the payment of interest on which is...

        3. 3.In fixed-interest securities issued in the United Kingdom by any...

        4. 4.In fixed-interest securities issued in the United Kingdom by the...

        5. 4A.In securities issued in the United Kingdom by the government...

        6. 5.In fixed-interest securities issued in the United Kingdom by the...

        7. 5A.In securities issued in the United Kingdom by

        8. 5B.In securities issued in the United Kingdom by the African...

        9. 6.In debentures issued in the United Kingdom by a company...

        10. 7.In stock of the Bank of Ireland. In Bank of...

        11. 8.In debentures issued by the Agricultural Mortgage Corporation Limited or...

        12. 9.In loans to any authority to which this paragraph applies...

        13. 9A.In any securities issued in the United Kingdom by any...

        14. 10.In debentures or in the guaranteed or preference stock of...

        15. 10A.In any units of a gilt unit trust scheme. References...

        16. 11.. . . . . . . . . ....

        17. 12.In deposits with a building society within the meaning of...

        18. 13.In mortgages of freehold property in England and Wales or...

        19. 14.In perpetual rent charges charged on land in England and...

        20. 15.In Certificates of Tax Deposit.

        21. 16.In fixed-interest or variable interest securities issued by the Government...

        22. 17.In any securities the payment of interest in which is...

        23. 18.In fixed-interest securities issued in a relevant state by any...

        24. 19.In fixed-interest or variable interest securities issued in a relevant...

        25. 20.In fixed-interest or variable interest securities issued in a relevant...

        26. 21.In debentures issued in any relevant state by a company...

        27. 22.In loans to any authority to which this paragraph applies...

        28. 23.In deposits with a mutual investment society whose head office...

        29. 24.In loans secured on any interest in property in a...

      3. Part III Wider-Range Investments

        1. 1.In any securities issued in the United Kingdom by a...

        2. 2.In shares in a building society within the meaning of...

        3. 3.In any units of an authorised unit trust scheme within...

        4. 4.In any securities issued in any relevant state by a...

        5. 5.In shares in a mutual investment society whose head office...

        6. 6.In any units of a collective investment scheme which is—...

      4. Part IV Supplemental

        1. 1.The securities mentioned in Parts I to III of this...

        2. 2.The securities mentioned in paragraphs 1 to 8 of Part...

        3. 2A.The securities mentioned in paragraphs 16 to 21 of Part...

        4. 3.The securities mentioned in paragraph 6 and 21 of Part...

        5. 3A.. . . . . . . . . ....

        6. 4.In this Schedule, unless the context otherwise requires, the following...

        7. 5.It is hereby declared that in this Schedule “mortgage”, in...

        8. 6.In relation to the United Kingdom, references in this Schedule...

        9. 6A.References in this Schedule to a UCITS are references to...

        10. 7.. . . . . . . . . ....

    2. SECOND SCHEDULE

      Modification of s. 2 in relation to property falling within s. 3(3)

      1. 1.In this Schedule “special-range property” means property falling within subsection...

      2. 2.(1) Where a trust fund includes special-range property, subsection (1)...

      3. 3.Where property carried to such a separate part as aforesaid...

    3. THIRD SCHEDULE

      Provisions Supplementary to s. 3(4)

      1. 1.Where in a case falling within subsection (4) of section...

      2. 2.Section four of the Trustee Act, 1925, or section thirty-three...

    4. FOURTH SCHEDULE

      Minor and Consequential Amendments

      1. 1.(1) References in the Trustee Act, 1925, except in subsection...

      2. 2.. . . . . . . . . ....

      3. 3.The following enactments and instruments, that is to say—

      4. 4, 5.. . . . . . . . . ....

      5. 6.For the reference in subsection (2) of section one of...

    5. FIFTH SCHEDULE

      . . .

Yn ôl i’r brig

Options/Help

Print Options

Close

Mae deddfwriaeth ar gael mewn fersiynau gwahanol:

Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.

Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.

Pwynt Penodol mewn Amser: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.

Close

Dewisiadau Agor

Dewisiadau gwahanol i agor deddfwriaeth er mwyn gweld rhagor o gynnwys ar y sgrin ar yr un pryd

Close

Rhagor o Adnoddau

Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:

  • y PDF print gwreiddiol y fel deddfwyd fersiwn a ddefnyddiwyd am y copi print
  • rhestr o newidiadau a wnaed gan a/neu yn effeithio ar yr eitem hon o ddeddfwriaeth
  • manylion rhoi grym a newid cyffredinol
  • pob fformat o’r holl ddogfennau cysylltiedig
  • slipiau cywiro
  • dolenni i ddeddfwriaeth gysylltiedig ac adnoddau gwybodaeth eraill
Close

Llinell Amser Newidiadau

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

Close

Rhagor o Adnoddau

Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:

  • y PDF print gwreiddiol y fel deddfwyd fersiwn a ddefnyddiwyd am y copi print
  • slipiau cywiro

liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys

  • rhestr o newidiadau a wnaed gan a/neu yn effeithio ar yr eitem hon o ddeddfwriaeth
  • manylion rhoi grym a newid cyffredinol
  • pob fformat o’r holl ddogfennau cysylltiedig
  • dolenni i ddeddfwriaeth gysylltiedig ac adnoddau gwybodaeth eraill

The data on this page is available in the alternative data formats listed: