SCHEDULE SCHEME

Deposit Funds

21Range of Investment.

1

The Central Board shall invest the sums received by it as deposits in a Deposit Fund at its discretion in any of the following manners, namely:—

F1aa

In any investments in which trustees may invest under the general power of investment in section 3 of the Trustee Act 2000 (as restricted by sections 4 and 5 of that Act);

e

Upon loan to any Investment Fund constituted under this Scheme;

f

Upon loan to any Diocesan Authority.

2

The Central Board may from time to time at its discretion transpose or vary the investments comprised in a Deposit Fund for or into any others authorised by this paragraph.