| Commentary

53 Trustee Act 2000

| Commentary

3: POWERS AND DUTIES

53 Trustee Act 2000

The Trustee Act 2000 enacts in straightforward terms and elaborates on the well-known principles of equity which relate to the powers and duties of trustees. It applies only to trustees of private or charitable trusts, the governing bodies of charitable unincorporated associations and to those exercising the investment powers of trustees, rather than to charity trustees1 generally (who may be, for example, the directors of a charitable company). However, it is beginning to be seen that, in practice, its main principles are applied to all charity trustees.

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