Law library · Sierra Leone · the Colonial Stock Act, 1900, the securities in which a trustee
Preamble, the Colonial Stock Act, 1900, the securities in which a trustee
Status not yet checkedthe Colonial Stock Act, 1900, the securities in which a trustee, Sierra Leone
Trustee Investment in Government Securities [Cap. 267
CHAPTER 267.
TRUSTEE INVESTMENT IN SIERRA LEONE
GOVERNMENT SECURITIES.
WHEREAS by an Act of the Imperial Parliament, known as Preamble.
the Colonial Stock Act, 1900, the securities in which a trustee
may invest under the powers of that Act of Parliament, known
as the Trustee Act, 1893, are declared to include any Colonial
Stock which is registered in the United Kingdom, in accordance
with the provisions of the Colonial Stock Acts, and with respect
to which there have been observed such conditions (if any) as
the Lords Commissioners of the Treasury of the United Kingdom
may, by order notified in the London Gazette, prescribe:
AND WHEREAS the said Lords Commissioners of the Treasury
of the United Kingdom have, by an order dated December 6th,
1900, prescribed as two of the said conditions that a Colony
shall provide by legislation for the payment, out of the revenues
of the Colony, of any sums which may become payable to stock-
~olders under any judgment, decree, rule or order of a Court
In the United Kingdom, and that the Colonial Government
should place on record a formal expression of their opinion
that any Colonial legislation, which appears to the Imperial
Government to alter any of the provisions affecting the stock
Short title.
Interpreta.
tion.
40 & 41 Viet.
c. 59.
55 & 56 Viet.
c. 35.
63 & 64 Viet.
c. 62.
Application
of Ordinance.
Provisions for
payment of
money due to
stockholders.
Certificate by
Crown
Agents.
Cap. 267] Trustee Investment in Government Securities
to the injury of the stockholder, or to involve a departure from
the original contract in regard to the stock, would properly be
disallowed :
AND WHEREAS it is expedient that provision should be made
to enable advantage to be taken of the said Acts in respect of
investment of trust funds in Sierra Leone Government securities:
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