Trustee Act (Northern Ireland) 2001
Trustee Act (Northern Ireland) 2001 (2001 c. 14 (N.I.))
- Trustee Act (Northern Ireland) 2001 (2001 c. 14 (N.I.))
- PART I THE DUTY OF CARE
- 1 The duty of care
- 2 Application of duty of care
- PART II INVESTMENT
- 3 General power of investment
- 4 Standard investment criteria
- 5 Advice
- 6 Restriction or exclusion of this Part, etc.
- 7 Existing trusts and statutory powers
- PART III ACQUISITION OF LAND
- 8 Power to acquire land
- 9 Restriction or exclusion of this Part, etc.
- 10 Existing trusts
- PART IV AGENTS NOMINEES AND CUSTODIANS
- Agents
- 11 Power to employ agents
- 12 Persons who may act as agents
- 13 Linked functions, etc.
- 14 Terms of agency
- 15 Asset management: special restrictions
- Nominees and custodians
- 16 Power to appoint nominees
- 17 Power to appoint custodians
- 18 Investment in bearer securities
- 19 Persons who may be appointed as nominees or custodians
- 20 Terms of appointment of nominees and custodians
- Review of and liability for agents, nominees and custodians, etc.
- 21 Application of sections 22 and 23
- 22 Review of agents, nominees and custodians, etc.
- 23 Liability for agents, nominees and custodians, etc.
- Supplementary
- 24 Effect of trustees exceeding their powers
- 25 Sole trustees
- 26 Restriction or exclusion of this Part, etc.
- 27 Existing trusts
- PART V REMUNERATION
- 28 Trustee's entitlement to payment under trust instrument
- 29 Remuneration of certain trustees
- 30 Remuneration of trustees of charitable trusts
- 31 Trustees' expenses
- 32 Remuneration and expenses of agents, nominees and custodians
- 33 Application
- PART VI APPOINTMENT AND RETIREMENT OF TRUSTEES
- 34 Appointment or retirement of trustee at instance of beneficiaries
- 35 Appointment of substitute for incapable trustee
- 36 Provisions supplementary to sections 34 and 35
- PART VII MISCELLANEOUS AND SUPPLEMENTARY
- Power to insure
- 37 Power to insure
- Special cases
- 38 Personal representatives
- 39 Pension schemes
- 40 Authorised unit trusts
- 41 Common investment schemes for charities
- 42 The Crown
- Supplementary
- 43 Interpretation
- 44 Amendments, transitional and saving provisions and repeals
- 45 Commencement
- 46 Short title
- SCHEDULES
- SCHEDULE 1 APPLICATION OF DUTY OF CARE
- Investment
- Acquisition of land
- Agents, nominees and custodians
- Compounding of liabilities
- Insurance
- Reversionary interests, valuations and audit
- Exclusion of duty of care
- SCHEDULE 3 TRANSITIONAL PROVISIONS AND SAVINGS
- Part II of this Act
- Part IV of this Act
- General
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