s 24
In forceInvestments
Part 2Guardians and managers
Division 2.3Matters relating to management
24 Investments
(1)
A manager must not invest amounts held in the capacity as manager except—
(a)
in investments in which trust money may, in accordance with the Trustee Act 1925, be invested; or
(b)
as the ACAT, by order, allows.
(2)
Subsection (1) has effect despite the Public Trustee and Guardian Act 1985.
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