Singapore legislation
Section 41S
Section 41S
Trustees’ expenses
(1)
A trustee —
(a)
is entitled to be reimbursed from the trust funds; or
(b)
may pay out of the trust funds,reasonable expenses properly incurred by the trustee when acting on behalf of the trust.
(2)
This section applies to a trustee who has been authorised under a power conferred by Part 4A or any other written law, or by the trust instrument —
(a)
to exercise functions as an agent of the trustees; or
(b)
to act as a nominee or custodian,as it applies to any other trustee.