TRUSTEE ACT 1936 - SECT 74
TRUSTEE ACT 1936 - SECT 74
74—Extension of power of appointing new trustees
(1) Any power of
appointing new trustees vested in any persons within the State, jointly with
any persons absent therefrom, and who have been continuously absent therefrom
for at least one year then immediately preceding, may be exercised by the
persons within the State solely as if the power were exclusively vested in
them.
(2) The power
conferred by this section on the said persons within the State shall extend to
authorise the appointment of new trustees in the places of any trustees absent
from the State, and having been continuously absent therefrom for at least one
year immediately preceding the appointment of new trustees, and such trustees
on any appointment of new trustees in their places shall cease to be trustees.