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21(1)The Central Board shall invest the sums received by it as deposits in a Deposit Fund at its discretion in any of the following manners, namely:—
[F1(aa)In any investments in which trustees may invest under the general power of investment in section 3 of the Trustee Act 2000 (as restricted by sections 4 and 5 of that Act);]
(e)Upon loan to any Investment Fund constituted under this Scheme;
(f)Upon loan to any Diocesan Authority.
(2)The Central Board may from time to time at its discretion transpose or vary the investments comprised in a Deposit Fund for or into any others authorised by this paragraph.
Textual Amendments
F1Sch. para. 21(1)(aa) substituted for paras. (a)-(d) (1.2.2001) by 2000 c. 29, s. 40(1), Sch. 2 Pt. III para. 52; S.I. 2001/49, art. 2