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5. (1) A credit union which —
(a)has invested all or any part of its surplus funds in any investment authorised by the 1979 Order but which is not authorised by this Order,
(b)invested in such an investment before 31st December 1993, and
(c)has held such an investment continuously since 31st December 1993, is authorised to continue to hold such an investment notwithstanding the revocation of the 1979 Order.
(2) In this Article, “investment” means a particular investment and not a class of investment.
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