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EXPORTED ANIMALS (COMPENSATION) ACT (NORTHERN IRELAND) 1952 - SECT 16

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16.(1) So much of the Fund as, in the opinion of the Trustees, is for the time
being not immediately required for the payment of sums payable thereout under
this Act shall be invested by the Trustees in securities in which trustees are
by the law for the time being in force authorised to invest trust funds.

(2) The Trustees may from time to time at their discretion vary or transpose
all moneys invested under this section into other investments authorised under
this section, and may at any time, for the purpose of such variation or
transposition, or in order to utilise for the purposes of this Act the
invested portion of the Fund, sell and convert into money all or any
investments made by them under this section.

(3) All dividends and interest received by the Trustees on investments made by
them under this section shall be paid into the Fund.

© 1952 Crown Copyright

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