SCHEDULES

SCHEDULE 2 Minor and consequential amendments

Part I The Trustee Investments Act 1961 and the Charities Act 1993

The Trustee Investments Act 1961 (c.62)

1

(1)

Sections 1, 2, 5, 6, 12, 13 and 15 shall cease to have effect, except in so far as they are applied by or under any other enactment.

(2)

Section 3 and Schedules 2 and 3 shall cease to have effect, except in so far as they relate to a trustee having a power of investment conferred on him under an enactment—

(a)

which was passed before the passing of the 1961 Act, and

(b)

which is not amended by this Schedule.

(3)

Omit—

(a)

sections 8 and 9,

(b)

paragraph 1(1) of Schedule 4, and

(c)

section 16(1), in so far as it relates to paragraph 1(1) of Schedule 4.