3.  The powers of investment conferred by section 1 of the Trustee Investments Act 1961 shall be extended by adding to Part II of Schedule 1 thereto that manner of investment which would be included therein if at the end of the list of authorities in paragraph 9 of the said Part II, as amended(1), there were added the following:—

“(g) any district council in Northern Ireland.”.

(1)

See S.I. 1962/668 (1962 I, p. 698).