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Authorized Investments in United Kingdom

Definition of Authorized Investments

In accordance with the work A Dictionary of Law, this is a description of Authorized Investments : Formerly, investments in which a trustee was permitted to invest trust property. Under the Trustee Investments Act 1961 (replacing earlier legislation, which did not give wide enough powers) trustees could invest not more than half the trust fund in shares in certain companies; the other half had to be invested in authorized securities, certain debentures, local authority loans, etc. A *general power of investment has now been given to trustees by the Trustee Act 2000.

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(2015, 05). Authorized Investments lawi.org.uk Retrieved 06, 2021, from https://lawi.org.uk/authorized-investments/

05 2015. 06 2021 <https://lawi.org.uk/authorized-investments/>

"Authorized Investments" lawi.org.uk. lawi.org.uk, 05 2015. Web. 06 2021. <https://lawi.org.uk/authorized-investments/>

"Authorized Investments" lawi.org.uk. 05, 2015. Accesed 06 2021. https://lawi.org.uk/authorized-investments/

Agostino Von Hassell, 'Authorized Investments' (lawi.org.uk 2015) <https://lawi.org.uk/authorized-investments/> accesed 2021 June 12

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Schema Summary

  • Article Name: Authorized Investments
  • Author: Agostino Von Hassell
  • Description: Definition of Authorized Investments In accordance with the work A Dictionary of Law, this is a description of Authorized [...]

This entry was last updated: May 21, 2015

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