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TRUSTEE ACT 1925 - SECT 65 Consent to exercise of trust or power

TRUSTEE ACT 1925 - SECT 65

Consent to exercise of trust or power

    (1)     Where a person whose consent is required by any instrument to the exercise of a trust or power is absent from the ACT or is about to depart from the ACT, he or she may by registered deed delegate the right to consent to the public trustee and guardian, or a trustee company.

    (2)     Persons may delegate concurrently.

    (3)     The person who delegates and the delegate shall be severally liable for any improper exercise of the right to consent.

    (4)     This section applies to a trust except so far as the contrary intention appears in the trust instrument.