Acts and Regulations

2015, c.21 - Trustees Act

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Powers conferred by trust instrument
3(1) A trust instrument may confer on the trustees or on a trustee powers that differ from, vary or exclude the ones provided by this Act.
3(2)If the trust instrument confers powers described in subsection (1), the powers provided by this Act do not apply to the trust to the extent that they are inconsistent with the powers conferred by the trust instrument.
Powers conferred by trust instrument
3(1) A trust instrument may confer on the trustees or on a trustee powers that differ from, vary or exclude the ones provided by this Act.
3(2)If the trust instrument confers powers described in subsection (1), the powers provided by this Act do not apply to the trust to the extent that they are inconsistent with the powers conferred by the trust instrument.