The powers of investment conferred by section 1 of the Trustee Investments Act 1961 shall be extended by adding to Part IIof the First Schedule thereto the manner of investment which would be included therein if the said Part II were amended by adding the words “the European Bank for Reconstruction and Development,” after the words “the Caribbean Development Bank” in paragraph 52and after the words “the European Atomic Energy Community” in paragraph 5B3.