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Acts and Regulations
2015, c.21
- Trustees Act
Section 9
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In force date
2016-06-01
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Appointment of replacement trustee
9
(1)
The designated person may appoint in writing a replacement trustee in any of the following circumstances:
(
a
)
a trustee has ceased to hold office under section 17;
(
b
)
subject to subsection (2), a trustee has died or a person appointed as trustee dies before taking office;
(
c
)
a trustee is a corporation that is dissolved; or
(
d
)
a person disclaims the office of trustee.
9
(2)
A designated person referred to in paragraph 8(1)(
a
) or (
c
)
(
a
)
may appoint himself or herself as a replacement trustee, and
(
b
)
may be appointed as a replacement trustee.
Show full text at this date
Appointment of replacement trustee
9
(1)
The designated person may appoint in writing a replacement trustee in any of the following circumstances:
(
a
)
a trustee has ceased to hold office under section 17;
(
b
)
subject to subsection (2), a trustee has died or a person appointed as trustee dies before taking office;
(
c
)
a trustee is a corporation that is dissolved; or
(
d
)
a person disclaims the office of trustee.
9
(2)
A designated person referred to in paragraph 8(1)(
a
) or (
c
)
(
a
)
may appoint himself or herself as a replacement trustee, and
(
b
)
may be appointed as a replacement trustee.
0
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