NSW TRUSTEE AND GUARDIAN ACT 2009 - SECT 12
Appointment as trustee
NSW TRUSTEE AND GUARDIAN ACT 2009 - SECT 12
Appointment as trustee
12 Appointment as trustee
(1) The NSW Trustee may be appointed to be a trustee under a trust instrument
as an original, new or additional trustee.
(2) The NSW Trustee may be
appointed as sole trustee, even though the trustees originally appointed were
2 or more, and despite the provisions of the trust instrument as to the number
of trustees.
(3) However, the NSW Trustee must not be appointed as trustee if
the trust instrument contains a direction to the contrary or prohibits the
appointment.