Harbours Act, 1946

Investment by trustees in certain stocks and mortgages.

123.—Any stock issued or mortgage made by a harbour authority mentioned in Part I of the First Schedule to this Act (including any stock issued or mortgage made by such harbour authority before the passing of this Act) shall be deemed to be included amongst the securities in which trustees may invest trust funds under the powers of section 1 of the Trustee Act, 1893.