Trustee Act 2000

The Administration of Estates Act 1925 (c.23)U.K.

27U.K.In section 33, in subsection (3) (investment during minority of beneficiary or the subsistence of a life interest) for the words from “in any investments for the time being authorised by statute” to the end of the subsection substitute “ under the Trustee Act 2000. ”

28U.K.In section 39 (powers of management) after subsection (1) insert—

(1A)Subsection (1) of this section is without prejudice to the powers conferred on personal representatives by the Trustee Act 2000.