7. Power to retain investment which has ceased to be authorised

A trustee shall not be liable for breach of trust by reason only of the trustee continuing to hold an investment which has ceased to be an investment authorised by the trust instrument or by this Act.

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Part 3

General Powers of Trustees and Personal Representatives

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Part 4

Appointment and Discharge of Trustees

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Part 4A

Agents, Nominees and Custodians

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Part 4B

Remuneration

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Part 5

Powers of Court

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Part 6

Charitable Trusts

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Part 7

Transparency and Effective Control

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Part 8

General Provisions

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Schedules

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