150In Part II of Schedule 1 to the [1961 c. 62.] Trustee Investments Act 1961 (" narrower-range investments" in which trust property may be invested) the following paragraph shall be inserted after paragraph 10—
“10AIn any units, or other shares of the investments subject to the trusts, of a unit trust scheme which, at the time of investment, is an authorised unit trust, within the the meaning of section 358 of the [1970 c. 10.] Income and Corporation Taxes Act 1970, in relation to which, by virtue of section 60 of the [1980 c. 48.] Finance Act 1980, section 354 of the said Act of 1970 does not apply.”