s 27
In forceInvestment of estate funds
Part 5Investment of estate funds and common funds
27 Investment of estate funds
Subject to this and any other Act and the terms of a relevant instrument of trust or order of court, the Public Trustee must invest money comprising or forming part of an estate—
(a)
in a manner authorised by the instrument of trust; or
(b)
in a manner in which a trustee may lawfully invest trust money;
or
(c)
in a common fund.
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