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International Trusts Order, 2000 · s 71
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International Trusts Order, 2000 · s 71
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
( 1) If and so far as a contrary intention is not expressed in the trust instrument, and subject to the terms of that instrument, the trustees of an authorised purpose trust shall have power at their absolute discretion -
(a}
to allocate capital and income among different purposes of the trust; and
(b}
to devise and determine the methods to be used to carry out the purposes of the trust.