5 Acquisition and disposal of securities by trustees and personal representatives
Stock Exchange (Completion of Bargains) Act 1976 (1976 c 47) | Legislation

5  Acquisition and disposal of securities by trustees and personal representatives

[(1)]     A trustee or personal representative shall not be chargeable with breach of trust or, as the case may be, with default in administering the estate by reason only of the fact that—

(a)     he has, for the purpose of acquiring securities which he has power to acquire in connection

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