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Lord Chancellors of England and Ireland may make general orders as to investment of cash under the control of the Court.
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10. It shall be lawful for the Lord Chancellor, Lord Keeper or Lords Commissioners for the Custody of the Great Seal of England, with the advice and assistance of the Master of the Rolls, the Lords Justices of the Court of Appeal in Chancery, and the Vice-Chancellors of the said Court, or any three of them, and for the Lord Chancellor of Ireland, with the advice and assistance of the Lords Justices of Appeal and the Master of the Bolls in Ireland, to make such general orders from time to time as to the investment of cash under the control of the Court, either in the three per cent, consolidated or reduced or new Bank annuities, or in such other stocks, funds, or securities as lie or they shall, with such advice or assistance, see fit; and it shall be lawful for the Lord Chancellor, Lord Keeper or Lords Commissioners in England, and for the Lord Chancellor in Ireland, to make such orders as he or they shall deem proper for the conversion of any three per cent. Bank annuities now standing or which may hereafter stand in the name of the Accountant-General of the said Court of Chancery, in trust in any cause or matter, into any such other stocks, funds, or securities upon which, by any such general order as aforesaid, cash under the control of the Court may be invested; all orders for such conversion of Bank annuities into other funds or securities to be made upon petition to be presented by any of the parties interested in a summary way; and such parties shall be served with notice thereof as the Court shall direct.
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