PUBLIC TRUSTEE ACT 1995 - SECT 27

PUBLIC TRUSTEE ACT 1995 - SECT 27

27—Investment of estate funds

Subject to this and any other Act and the terms of a relevant instrument of trust or order of court, the Public Trustee must invest money comprising or forming part of an estate—

            (a)         in a manner authorised by the instrument of trust; or

            (b)         in a manner in which a trustee may lawfully invest trust money; or

            (c)         in a common fund.