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Lyons Trusts Act 1993
5Power of investment
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5 Power of investment
Notwithstanding anything to the contrary in the deed of trust –
(a) the Trustee may invest the property of the trusts in any authorized trustee investments under the Trustee Act 1898 and in any shares listed by an Australian Stock Exchange; and
(b) in doing so, the Trustee is to give preference to investment in shares in companies similar to those specified in the deed of trust.