(1) The following persons are the trustees of a trust of land -

(a) in the case of a strict settlement, where it -

(i) exists at the commencement of this Part, the tenant for life within the meaning of the Settled Land Act 1882 together with any trustees of the settlement for the purposes of that Act,

(ii) is purported to be created after the commencement of this Part, the persons who would fall within paragraph (b) if the instrument creating it were deemed to be an instrument creating a trust of land,

(b) in the case of a trust of land created expressly -

(i) any trustee nominated by the trust instrument, but, if there is no such person, then,

(ii) any person on whom the trust instrument confers a present or future power of sale of the land, or power of consent to or approval of the exercise of such a power of sale, but, if there is no such person, then,