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UK Financial Services Law
Legislation (UK)
Acts
2000
Information
Table of Contents
Table of Contents
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Trustee Act 2000 (c. 29)
Introductory Text
Part I The Duty of Care (ss. 1-2)
1. The duty of care
2. Application of duty of care
Part II Investment (ss. 3-7)
3. General power of investment
4. Standard investment criteria
5. Advice
6. Restriction or exclusion of this Part etc
7. Existing trusts
Part III Acquisition of Land (ss. 8-10)
8. Power to acquire freehold and leasehold land
9. Restriction or exclusion of this Part etc
10. Existing trusts
Part IV Agents, nominees and custodians (ss. 11-27)
Agents (ss. 11-15)
11. Power to employ agents
12. Persons who may act as agents
13. Linked functions etc
14. Terms of agency
15. Asset management: special restrictions
Nominees and custodians (ss. 16-20)
16. Power to appoint nominees
17. Power to appoint custodians
18. Investment in bearer securities
19. Persons who may be appointed as nominees or custodians
20. Terms of appointment of nominees and custodians
Review of and liability for agents, nominees and custodians etc. (ss. 21-23)
21. Application of sections 22 and 23
22. Review of agents, nominees and custodians etc
23. Liability for agents, nominees and custodians etc
Supplementary (ss. 24-27)
24. Effect of trustees exceeding their powers
25. Sole trustees
26. Restriction or exclusion of this Part etc
27. Existing trusts
Part V Remuneration (ss. 28-33)
28. Trustee's entitlement to payment under trust instrument
29. Remuneration of certain trustees
30. Remuneration of trustees of charitable trusts
31. Trustees' expenses
32. Remuneration and expenses of agents, nominees and custodians
33. Application
Part VI Miscellaneous and Supplementary (ss. 34-43)
34. Power to insure
35. Personal representatives
36. Pension schemes
37. Authorised unit trusts
38. Common investment schemes for charities etc
39. Interpretation
40. Minor and consequential amendments etc
41. Power to amend other Acts
42. Commencement and extent
43. Short title
Schedule 1 Application of duty of care (paras. 1-7)
Schedule 2 Minor and consequential amendments (paras. 1-57)
Schedule 2, Part I The Trustee Investments Act 1961 and the Charities Act 1993 (paras. 1-2)
Schedule 2, Part II Other Public General Acts (paras. 3-49)
Schedule 2, Part III Measures (paras. 50-57)
Schedule 3 Transitional provisions and savings (paras. 1-8)
Schedule 4 Repeals
Schedule 4, Part I The Trustee Investments Act 1961 and the Charities Act 1993
Schedule 4, Part II Other repeals
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https://service.betterregulation.com/document/297858
Trustee Act 2000 (c. 29)
Part IV Agents, nominees and custodians (ss. 11-27)
Review of and liability for agents, nominees and custodians etc. (ss. 21-23)
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Review of and liability for agents, nominees and custodians etc. (ss. 21-23)
21. Application of sections 22 and 23
22. Review of agents, nominees and custodians etc
23. Liability for agents, nominees and custodians etc
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