13How moneys may be invested

13 How moneys may be invested

(1)  The corporate trustees may, subject to –

(a) any ordinance or resolution of the Synod; and

(b) any special trusts affecting the investment of moneys held by them –

invest any moneys held by them as such trustees in any manner that they think proper.

(2)  The corporate trustees may, subject as provided in subsection (1) , in their discretion –

(a) call in or leave out moneys in investments not made by them, and if they call in such moneys reinvest them in accordance with subsection (1) ; and

(b) vary any investment.