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Cap. 331 · Trusts And Trustees Act (Cap. 331)

Cap. 331 ст. 24Powers of trustees.

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(1) Subject to the terms of the trust and to the provision of this Act, a trustee shall, in relation to the trust property, have all the powers of a natural person having the absolute title to such property.

(2) A trustee shall exercise his powers in the interest of the beneficiaries and in accordance with the terms of the trust.