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Guardianship and Administration Act 1995
59Powers of investment
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### 59 Powers of investment
> [*\[Section 59 Amended by No. 18 of 2021, s. 148, Applied:05 Nov 2021\]*](/view/html/inforce/2021-11-05/act-2021-018#GS148@Hpa@EN) An administrator may, with the consent of the Tribunal and notwithstanding the [Trustee Act 1898](/view/html/inforce/2026-04-12/act-1898-034) –
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> > > (a) retain any investment, whether or not it is a trustee investment; and
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> > > (b) [*\[Section 59 Amended by No. 18 of 2021, s. 148, Applied:05 Nov 2021\]*](/view/html/inforce/2021-11-05/act-2021-018#GS148@Hpb@EN) invest in any investment specified by the Tribunal, whether or not it is a trustee investment.