Acts and Regulations

2015, c.21 - Trustees Act

Full text
Duty relating to investments
37(1)When investing trust property, the trustees shall act prudently and in accordance with sections 29 and 30, and having regard to the circumstances of the trust, including
(a) its assets,
(b) its beneficiaries or purposes and its different classes of beneficiaries or purposes,
(c) its probable duration, and
(d) a reasonable balance between risk and return.
37(2)The trustees shall review the trust investments at reasonable intervals for the purpose of determining that the investments continue to be appropriate to the circumstances of the trust.
Duty relating to investments
37(1)When investing trust property, the trustees shall act prudently and in accordance with sections 29 and 30, and having regard to the circumstances of the trust, including
(a) its assets,
(b) its beneficiaries or purposes and its different classes of beneficiaries or purposes,
(c) its probable duration, and
(d) a reasonable balance between risk and return.
37(2)The trustees shall review the trust investments at reasonable intervals for the purpose of determining that the investments continue to be appropriate to the circumstances of the trust.