Chwilio Deddfwriaeth

Chwiliad Uwch

House of Commons Members’ Fund Act 1962 (repealed)

Changes over time for: House of Commons Members’ Fund Act 1962 (repealed) (without Schedules)

Help about opening options

Version Superseded: 01/02/2001

Alternative versions:

Status:

Point in time view as at 01/02/1991.

Changes to legislation:

There are currently no known outstanding effects for the House of Commons Members’ Fund Act 1962 (repealed). Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

1 Powers of investment of trustees.U.K.

(1)The powers of investment of the trustees of the House of Commons Members’ Fund (hereafter in this Act referred to as “the fund”) shall be those conferred by the following provisions of this section instead of those conferred by the House of Commons Members’ Fund Acts 1939 to 1960 (under which the trustees of the Fund are authorised to invest in any investments whatsoever subject to the restriction that the total value, at cost, of the investments made by virtue only of the power conferred by the M1 House of Commons Members’ Fund Act 1960, must not exceed half the value of the fund).

(2)Subject to the following provisions of this section, the trustees of the fund may invest any property in their hands, whether at the time in a state of investment or not, in any investments whatsoever and wheresoever and may also from time to time vary any such investments.

(3)Section two of the M2Trustee Investments Act 1961 (which restricts the power to invest in wider-range investments conferred on trustees by section one of that Act) shall apply in relation to the foregoing subsection and the powers conferred thereby on the trustees of the fund as it applies in relation to section one of that Act and the powers conferred on trustees by that section and as if the reference in the said section two to any wider-range investment were a reference to any investment, other than a narrower-range investment.

(4)For the purposes of the said Act of 1961 the fund shall be treated as having been divided in pursuance of the said section two into two parts immediately before the passing of this Act, the narrower-range part of the fund being taken to comprise all property then invested in narrower-range investments and half of any amount then standing to the trustees’ credit in a deposit or other account at any bank (other than a bank mentioned in Part I of the First Schedule to that Act) and of any cash then in hand, and the wider-range part of the fund being taken to comprise all other property then comprised in the fund, and the two parts of the fund shall be treated as having then been equal.

(5)Subsections (2) to (4) of section three of the said Act of 1961 and the Second and Third Schedules to that Act (which make provision with respect to powers of investment conferred on trustees otherwise than by that Act) shall not apply in relation to the powers of investment of the trustees of the fund.

Marginal Citations

2 Interpretation, short title, citation and repeal.U.K.

(1)In this Act “narrower-range investment” and “property” have the same meanings as in the M3Trustee Investments Act 1961.

(2)This Act may be cited as the House of Commons Members’ Fund Act 1962.

(3)This Act and the House of Commons Members’ Fund Acts 1939 to 1957, may be cited together as the House of Commons Members’ Fund Acts 1939 to 1962.

(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

Textual Amendments

Marginal Citations

Yn ôl i’r brig

Options/Help

Print Options

Close

Mae deddfwriaeth ar gael mewn fersiynau gwahanol:

Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.

Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.

Pwynt Penodol mewn Amser: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.

Close

Gweler y wybodaeth ychwanegol ochr yn ochr â’r cynnwys

Rhychwant ddaearyddol: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.

Dangos Llinell Amser Newidiadau: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.

Close

Dewisiadau Agor

Dewisiadau gwahanol i agor deddfwriaeth er mwyn gweld rhagor o gynnwys ar y sgrin ar yr un pryd

Close

Rhagor o Adnoddau

Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:

  • y PDF print gwreiddiol y fel deddfwyd fersiwn a ddefnyddiwyd am y copi print
  • rhestr o newidiadau a wnaed gan a/neu yn effeithio ar yr eitem hon o ddeddfwriaeth
  • manylion rhoi grym a newid cyffredinol
  • pob fformat o’r holl ddogfennau cysylltiedig
  • slipiau cywiro
  • dolenni i ddeddfwriaeth gysylltiedig ac adnoddau gwybodaeth eraill
Close

Llinell Amser Newidiadau

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

Close

Rhagor o Adnoddau

Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:

  • y PDF print gwreiddiol y fel deddfwyd fersiwn a ddefnyddiwyd am y copi print
  • slipiau cywiro

liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys

  • rhestr o newidiadau a wnaed gan a/neu yn effeithio ar yr eitem hon o ddeddfwriaeth
  • manylion rhoi grym a newid cyffredinol
  • pob fformat o’r holl ddogfennau cysylltiedig
  • dolenni i ddeddfwriaeth gysylltiedig ac adnoddau gwybodaeth eraill