Public Trust must, in respect of every group investment fund,—
(a) pay or allocate the income from that fund proportionately to or among the estates entitled to the amounts invested in the fund according to the amounts of their several interests in the fund and the period for which they remain invested in the fund:
(b) hold the capital of the fund proportionately for the estates entitled to the amounts invested in the fund according to the amounts of their several interests in the fund.
Compare: 1957 No 36 s 42B