16ACorporate Trustee may delegate its functions

16A Corporate Trustee may delegate its functions

16A Corporate Trustee may delegate its functions

The Corporate Trustee may delegate to—

(a) a member of its board of directors, or

(b) a committee comprising members that include members of its board of directors, or

(c) a member of its staff, or

(d) a person employed by it under a contract for the performance of services,

any of its functions under this Act, other than this power of delegation.

s 16A: Ins 1971 No 17, sec 6 (1) (b). Am 1994 No 85, Sch 1 (11). Subst 1994 No 85, Sch 3 (19).