Dundalk Harbour and Port Act, 1925

Investment in loan raised by Commissioners to be trustee security.

57.—A trustee may, unless expressly forbidden by the instrument (if any) creating the trust, invest any trust funds in his hands, whether at the time in a state of investment or not, in any loan to be raised by the Commissioners under the provisions of and for the purposes of this Act, and secured on the tolls and property of the Commissioners in the manner provided by this Act.