International Trusts Order, 2000 · As enacted · Part III
27. Accounts, Audit
Official textFrom Attorney General's Chambers, unchanged
Trustees may in their absolute discretion from time to time cause the accounts of the trust to be examined or audited by an independent accountant and shall, for that purpose, produce such vouchers and give such information to such accountant as he may require; and the costs of such examination or audit including the fee of the auditor shall be paid out of the capital or income of the trust property, or partly in one way and partly in the other as the trustees in their absolute discretion think fit but, in default of any direction by the trustees to the contrary in any special case, costs attributable to capital shall be borne by capital and those attributable to income by income.
trust
"trust" means an international trust except where the context otherwise requires;
Terms defined in s 2
property
Defined · s 2"property" includes - {a} money, goods, chases in action, land and every descriptions of property1 whether movable or immovable; and (b} obligations, easements and every description of estate, interest and profit, present or future, vested or contingent, arising out of, or incident to, any property as defined in paragraph {a}; 1141 17th. JULY, 2000
trust
Defined · s 2"trust" means an international trust except where the context otherwise requires;
Part IV
Protections and Indemnities of Trustees
Part VI
Part VII
Powers of the Court
Part VIII
Authorised Purpose Trusts
Part IX
Part X
Additional Provisions
Part XI