PART IVAGENTS NOMINEES AND CUSTODIANS

Nominees and custodians

16Power to appoint nominees

1

Subject to the provisions of this Part, the trustees of a trust may—

a

appoint a person to act as their nominee in relation to such of the assets of the trust as they determine (other than settled land), and

b

take such steps as are necessary to secure that those assets are vested in a person so appointed.

2

An appointment under this section must be in or evidenced in writing.