Northern Territory Consolidated Acts

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THE TRUSTEE ACT 1893 AND SHALL COME INTO OPERATION ON A DAY TO BE FIXED BY THE GOVERNOR, - SECT 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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