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Examples |
Has no provisions at all about trustee investment powers |
Gives trustees "investment powers from time to time described by law" or similar words |
Gives trustees "investment powers of the TIA 1961" or similar words |
Gives trustees power to invest in shares quoted on stock exchanges of specified non EU countries |
Gives trustees power to invest in shares without the TIA capitalisation or dividend history requirements |
Gives power to invest in TIA securities without the need to divide into narrower/wider range, or provides a form of division which is different from the statutory form |
Limits trustees to investing "during the lifetime of the settlor only in the shares of X plc except with the consent of the settlors" |
Prohibits trustees from investing in "shares in companies concerned in the manufacture or sale of alcohol or tobacco products" |
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GD dated before 3.8.61 |
Trustees have new general power of investment |
Trustees have new general power of investment |
Trustees have new general power of investment |
Trustees have new general power of investment |
Trustees have new general power of investment |
Trustees have new general power of investment |
Trustees have new general power of investment |
Trustees have new general power of investment |
|
GD dated after 2.8.61 |
Trustees have new general power of investment |
Trustees have new general power of investment |
Trustees have new general power of investment |
Trustees have new general power of investment |
Trustees have new general power of investment |
Trustees have new general power of investment |
Limitation continues to apply - new general power of investment is available only where the settlor consents |
Trustees have new general power of investment subject to the existing limitation |
