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EXCHEQUER AND FINANCIAL PROVISIONS ACT (NORTHERN IRELAND) 1950 - SECT 30

Investment of Government funds.

30. Where at any time the Ministry, in the exercise of its powers of investing
moneys belonging to any fund under its control, directs or has directed that
such moneys shall be invested by and in the name of the Solicitor to
the Ministry, then

(a)the realisation of such investment and any other dealing with, or
transaction arising out of, such investment shall, subject to the direction
and control of the Ministry, be carried out by the said Solicitor or by the
Principal Assistant Solicitor to the Ministry in the name and on behalf of the
said Solicitor;

(b)such investment shall, on the death, resignation or removal from office of
any person being the Solicitor to the Ministry, vest by virtue of this section
in his successor as such Solicitor, and shall not, in the event of such death,
constitute assets of the deceased or be (except for the purposes of this
provision) subject to the control of his legal representatives.[

© 1950 Crown Copyright

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