TRUSTEE COMPANIES ACT 1984 - SECT 26 Trustee company may be removed from office by Supreme Court
TRUSTEE COMPANIES ACT 1984 - SECT 26
Trustee company may be removed from office by Supreme CourtS. 26(1) substituted by No. 59/1986 s. 143(2).
(1) In every case in which a trustee company has been or is appointed to any office referred to in section 14, 16 or 17 or under any power of attorney the trustee company, in addition to the liabilities and restrictions imposed by this Act, is subject in all respects to the same control and liable to removal in the same manner as a private individual who may be appointed executor, administrator, trustee, guardian or attorney would be.
(2) It shall be lawful for all persons who may claim relief against a trustee company for any act done or assumed to be done or in respect of any act omitted to be done by the trustee company, its directors or officers under any of the powers conferred by this Act to apply to the Supreme Court or in any other court of competent jurisdiction for an order against the trustee company or against any of its directors or officers and the court may make and enforce such order in the matter as to the court seems just.
Pt 5 Div. 2 (Heading) inserted by No. 76/2012 s. 25(b).
Division 2—Transfer of estate assets and liabilities
S. 26AA inserted by No. 76/2012 s. 26.