41M. Review of agents, nominees and custodians, etc.

to keep under review the arrangements under which the agent, nominee or custodian acts and the manner in which those arrangements are being put into effect;

if circumstances make it appropriate to do so, to consider whether there is a need to exercise any power of intervention that they have; and

if they consider that there is a need to do so, to exercise the power of intervention.

a duty to consider whether there is any need to revise or replace the policy statement made for the purposes of section 41F;

if the trustees consider that there is a need to revise or replace the policy statement, a duty to do so; and

a duty to assess whether the policy statement (as it has effect for the time being) is being complied with.

a power to give directions to the agent, nominee or custodian; and

a power to revoke the authorisation or appointment of the agent, nominee or custodian.