International Trusts Order, 2000 · s 14

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s 14Trustees shall have the full individual beneficial owners absolutely entitled-

(a)

to effect in any lawful manner any transactions or dealings regarding property including (without prejudice to the generality of the foregoing) any sales, leases, surrenders and mortgages and the grant of any easements, servitudes or rights in, to, over, or issuing out of, land, or derived from land;

(b)

to contract to effect any such transactions;

(c)

to execute all instruments necessary or desirable in order to effect such transactions; and

(d)

to manage, repair, maintain, build on and otherwise improve land whether for the occupation of beneficiaries or otherwise.

(2)

The power of mortgaging conferred by subsection (lj shall be exercisable for the purpose of borrowing money in order to invest it unless this is prohibited by the trust instrument.

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