QLDIn ForceAct
Trusts Act 1973
sec.21Power of trustee to invest
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### sec.21 Power of trustee to invest
A trustee may, unless expressly forbidden by the instrument creating the trust—
invest trust funds in any form of investment; and
at any time, vary an investment or realise an investment of trust funds and reinvest an amount resulting from the realisation in any form of investment.
s 21 amd 1981 No. 72 s 12 ; 1985 No. 42 s 5 sch 1 ; 1989 No. 77 s 28 (1) ; 1990 No. 78 s 4 ; 1992 No. 12 s 66 sch ; 1997 No. 17 s 67 ; 1997 No. 82 s 95 ; 1999 No. 27 s 76 sch 1 pt 3
sub 1999 No. 69 s 5
- (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 an amount resulting from the realisation in any form of investment.