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Section 5 - Trustee Act 1893 - Power of trustee to invest | Zoe

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Trustee Act 1893

5Power of trustee to invest

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5 Power of trustee to invest A trustee may, unless expressly forbidden by the instrument creating the trust: (a) invest trust funds in any form of investment; and (b) at any time, vary an investment or realise an investment of trust funds and reinvest money resulting from the realisation in any form of investment.

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