41C. Persons who may act as agents

Subject to subsection (2), the persons whom the trustees may under section 41B authorise to exercise functions as their agent include one or more of their number.

The trustees may not authorise 2 or more persons to exercise the same function unless they are to exercise the function jointly.

The trustees may not, under section 41B, authorise a beneficiary to exercise any function as their agent (even if the beneficiary is also a trustee).

The trustees may, under section 41B, authorise a person to exercise functions as their agent even though the person is also appointed to act as their nominee or custodian (whether under section 41G, 41H or 41I or any other power).