Part XI Miscellaneous and General Provisions
Application of enactments
I1387 The Trustee Investments Act 1961.
1
The M1Trustee Investments Act 1961 shall be amended as follows.
2
In section 11 (local authority investment schemes) in subsection (4) (the authorities to which the section applies) in paragraph (a)—
a
after “England and Wales” there shall be inserted “
, the Greater London Authority,
”
; and
b
after “Common Council of the City of London” there shall be inserted “
, a functional body (within the meaning of the Greater London Authority Act 1999),
”
.
3
In Schedule 1, in Part II (narrower-range investments requiring advice), in paragraph 9—
a
after paragraph (a) there shall be inserted—
aa
the Greater London Authority;
ab
any functional body, within the meaning of the Greater London Authority Act 1999;
b
in paragraph (d), the words “the Receiver for the Metropolitan Police District or” shall cease to have effect.