ACTIn ForceAct
Guardianship and Management of Property Act 1991
24Investments
Start here
Get a plain-English read of 24
Turn the raw legal text into a practical explanation grounded in Guardianship and Management of Property Act 1991.
24 Investments (1) A manager must not invest amounts held in the capacity as manager except— (a) in investments in which trust money may, in accordance with the Trustee Act 1925, be invested; or (b) as the ACAT, by order, allows. (2) Subsection (1) has effect despite the Public Trustee and Guardian Act 1985.