Acts and Regulations

2015, c.21 - Trustees Act

Full text
Power of court to confer further powers on trustees
35(1)If, in the administration of a trust, a transaction relating to trust property that is expedient and in the best interests of the beneficiaries or purposes of the trust cannot be carried out because the trustees lack the power, the court may confer the necessary power on the trustees, either generally or in any particular instance and on terms and conditions the court considers appropriate.
35(2)An order under subsection (1) may be made on application by the Attorney General or a person referred to in section 83.
Power of court to confer further powers on trustees
35(1)If, in the administration of a trust, a transaction relating to trust property that is expedient and in the best interests of the beneficiaries or purposes of the trust cannot be carried out because the trustees lack the power, the court may confer the necessary power on the trustees, either generally or in any particular instance and on terms and conditions the court considers appropriate.
35(2)An order under subsection (1) may be made on application by the Attorney General or a person referred to in section 83.