Trustee (Authorised Investments) Act, 1958

Saver for certain investments.

5.—Notwithstanding anything contained in this Act, where trust funds within the meaning of the Trustee Act, 1893, or money under the control of or subject to the order of any Court stand or stands invested in a manner which was authorised by law when the investment was effected but which, apart from this section, has ceased to be so authorised, authority is hereby given to continue to keep the funds or money invested in that manner.