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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.