8Saving for Income Trustee's commission, &c.

8 Saving for Income Trustee's commission, &c.

Nothing in this Act shall be construed so as to affect the right of the Income Trustee, before it makes a payment as required by this Act –

(a) to charge commission in accordance with the Trustee Companies Act 1953 in respect of its administration of the trusts arising from the Income Trust before the appointed day; or

(b) to reimburse itself out of the property of those trusts for any expenses properly incurred by it in, or about, the administration of those trusts before that day.