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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