Project No. 34(V)

Commenced: 1973
Completed: 1984

The reference arose as a result of submissions made by individuals to the Attorney General which expressed concern that the investments that were authorised by Part III of the Trustees Act 1962-1978 (WA) were inadequate. The shortcomings related to the ability to preserve the capital of the trust fund in prevailing inflationary circumstances, a situation which could be alleviated if trustees were enabled to take advantage of new forms of investment.