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NTAct
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s 5

Power of trustee to invest

In force
Part IInvestments

5 Power of trustee to invest

A trustee may, unless expressly forbidden by the instrument creating the trust:

(a)

invest trust funds in any form of investment; and

(b) at any time, vary an investment or realise an investment of trust funds and reinvest money resulting from the realisation in any form of investment.

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