sec.37Contributory investments

### sec.37 Contributory investments Where a trustee company holds moneys belonging to more than 1 estate, trust property or person upon trusts, which require or permit the investment thereof, the trustee company may invest such moneys as 1 fund, and distribute the income arising therefrom rateably among the several estates, trusts, properties or persons to which the money so invested belongs, and any profit or loss arising from any such investment shall likewise be received or borne rateably by the several estates, trusts, properties or persons. Any such investment shall be made either— in investments for the time being authorised by the Trusts Act 1973 or any other Act for the investment of trust funds; or in investments authorised by each of the trust instruments. s 37 amd 1993 No. 38 s 5 (sec.37-ssec.1) Where a trustee company holds moneys belonging to more than 1 estate, trust property or person upon trusts, which require or permit the investment thereof, the trustee company may invest such moneys as 1 fund, and distribute the income arising therefrom rateably among the several estates, trusts, properties or persons to which the money so invested belongs, and any profit or loss arising from any such investment shall likewise be received or borne rateably by the several estates, trusts, properties or persons. (sec.37-ssec.2) Any such investment shall be made either— in investments for the time being authorised by the Trusts Act 1973 or any other Act for the investment of trust funds; or in investments authorised by each of the trust instruments. - (a) in investments for the time being authorised by the Trusts Act 1973 or any other Act for the investment of trust funds; or - (b) in investments authorised by each of the trust instruments.