International Trusts Order, 2000 · s 6

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6.
Exercise of powers of investment
(1)
Without limiting the powers of investment conferred under section 5
and subject to the terms of the trust instrument trustees may make, retain and change investments having regard to the purposes, distribution requirements and other circumstances of the trust (including, without limitation, the circumstance that a trust is an international trust any may ipso facto, but subject to its terms, be administered and discharged according to differing investment policies than a trust which is not an international trust) and of the beneficiaries.
(2)
Notwithstanding subsection (1), trustees who are named or appointed as trustees in reliance upon their representation that they have special skills or expertise, have a duty to the beneficiaries to use such special skills or expertise.
(3)
This section shall apply if and so far only as a contrary intention is not expressed in the trus.t instrument and shall have effect subject to the terms of that instrument.
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s 6Exercise of powers of investment

(1)

Without limiting the powers of investment conferred under section 5

and subject to the terms of the trust instrument trustees may make, retain and change investments having regard to the purposes, distribution requirements and other circumstances of the trust (including, without limitation, the circumstance that a trust is an international trust any may ipso facto, but subject to its terms, be administered and discharged according to differing investment policies than a trust which is not an international trust) and of the beneficiaries.

(2)

Notwithstanding subsection (1), trustees who are named or appointed as trustees in reliance upon their representation that they have special skills or expertise, have a duty to the beneficiaries to use such special skills or expertise.

(3)

This section shall apply if and so far only as a contrary intention is not expressed in the trus.t instrument and shall have effect subject to the terms of that instrument.

Investment advice.