NTIn ForceAct
Trustee Act 1893
5Power of trustee to invest
Start here
Get a plain-English read of 5
Turn the raw legal text into a practical explanation grounded in Trustee Act 1893.
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.