Explanatory Memorandum

Trustee Act (Northern Ireland) 2001

2001 CHAPTER 14

20 July 2001

Commentary on Clauses

Part III: Acquisition of Land

Section 9: Restriction or exclusion of this Part, etc.

Section 9 makes it clear that these new powers to acquire land are additional to other powers trustees may have but are subject to any restriction or exclusion imposed by the trust instrument or statute. The powers do not apply in relation to settled land, where extensive provision already exists.