S.I. No. 75/1992 - Trustee (Authorised Investments) Order, 1992.

S.I. No. 75 of 1992.


I, BERTIE AHERN, Minister for Finance, in exercise of the powers conferred on me by section 2 (1) of the Trustee (Authorised Investments) Act 1958 , (No. 8 of 1958), and having complied with subsections (2) and (3) of that section, hereby order as follows:

1. This Order may be cited as the Trustee (Authorised Investments) Order, 1992.

2. The following investments are hereby added to the investments specified in section 1 of the Trustees Act, 1893, as amended by the Trustee (Authorised Investments) Act, 1958 (No. 8 of 1958), that is to say—

( a ) investment in units of the Irish Life Charité Unit Trust, including each series launched, subject to the investments being only in Irish Life Charité Cash Fund and Charité Fixed Interest Fund,

( b ) investment in an interest bearing deposit account with ABN AMRO Bank NV, and

( c ) investment in units of the unit trust funds set out in the Schedule to this order being three AIB Unit Trusts, including each series launched.


Allied Irish High Income Fund,

Allied Irish Capital Growth Fund, and

Allied Irish Charicash.

GIVEN under my Official Seal, this 3rd day of April, 1992.


Minister for Finance.


This Order extends the list of investments in which trust funds may be held by the addition of interest-bearing deposit accounts with a named bank and of units in the four named investment funds.