In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Trustees Act 1967 · 2020 Revised Edition · Part 4A · Agents, Nominees and Custodians
41L. Application of sections 41M and 41N
Feedback & support(1)
Sections 41M and 41N apply in a case where trustees have, under section 41B, 41G, 41H or 41I —
(a)
authorised a person to exercise functions as their agent; or
(b)
appointed a person to act as a nominee or custodian.
(2)
Subject to subsection (3), sections 41M and 41N also apply in a case where trustees have, under any power conferred on them by the trust instrument or by any written law —
(a)
authorised a person to exercise functions as their agent; or
(b)
appointed a person to act as a nominee or custodian.
(3)
If the application of section 41M or 41N in a case is inconsistent with the terms of the trust instrument or any written law, that section does not apply to that case.