Trustee Act (Northern Ireland) 2001 Explanatory Notes

Section 6: Restriction or exclusion of this Part etc.

Section 6 deals with restriction or exclusion of this Part. It should be emphasised that the new general power of investment is a default provision: accordingly, it is to be enjoyed in addition to other powers of investment trustees may have from other sources but subject to any restriction or exclusion imposed by the trust instrument or by any statutory provision.

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