| Commentary

59 Delegation

| Commentary

59 Delegation

Part IV of the Trustee Act 20001 confers on the trustees of charitable trusts2 powers of delegation to agents, nominees3 and custodians4. Whether the trust was created before or after the Act came into force, the powers conferred by Part IV are exercisable in addition to any powers conferred by the trust document (or some statutory provision), but are subject to any restriction or exclusion imposed5. Where trustees exceed the limits of the powers conferred by this Part, this does not invalidate the appointment or delegation6.

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial