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TRUSTEE ACT (NORTHERN IRELAND) 1958 - SECT 6

Power to invest in land subject to land purchase annuities or drainage charges.

6. A trustee having power to invest in or on the security of land may invest
in or on the security of any land notwithstanding that the same is charged

(a)with an annuity payable to the Ministry of Finance under the Land Purchase
Acts; or

(b)with a rent under the powers of the Public Money Drainage Acts, 1846 to
1856, or the Landed Property Improvement (Ireland) Act, 1847; or

(c)by an absolute order made under the Improvement of Land Act, 1864.


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© 1958 Crown Copyright

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