[F133 Investment ceasing to be an authorised investment. S
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.]
Textual Amendments
F1Act repealed (26.6.2024 for specified purposes) by Trusts and Succession (Scotland) Act 2024 (asp 2), s. 88(3), sch. 2; S.S.I. 2024/164, reg. 2, sch.
Modifications etc. (not altering text)
C1S. 33 excluded by Trustee Investments Act 1961 (c. 62), s. 3(4), Sch. 3 para. 2