Trustee powers of attorney

Trustee powers of attorney

Author: Christopher Parker (2000)

Christopher Parker
Halliwell Landau

Introduction

The Trustee Delegation Act 1999 received the Royal Assent on 15 July 1999 and is expected to come into force on 31 March 2000.  According to its long title, the threefold purpose of the Act is to

(1)   amend the law relating to the delegation of trustee functions by power of attorney;

(2)   amend the exercise of trustee functions by the donee of a power of attorney; and

(3)   make provision about the authority of the donee of a power of attorney to act in relation to land.

The changes largely implement recommendations proposed by the Law Commission in its report `the Law of Trusts: Delegation by Individual Trustees (1994) Law Com No 220`.

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