NTIn ForceAct
Trustee Act 1893
27Power of the Court to appoint new trustees
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27 Power of the Court to appoint new trustees
(1) The Supreme Court may, whenever it is expedient to appoint a new
trustee or new trustees, and it is found inexpedient, difficult, or
impracticable so to do without the assistance of the Court, make an
order for the appointment of a new trustee or new trustees, either in
substitution for or in addition to any existing trustee or trustees, or
although there is no trustee. In particular, and without prejudice to
Proclamation in the Government Gazette 20
the generality of the foregoing provision, the Court may make an
order for the appointment of a new trustee in substitution for a
trustee who is found guilty of an indictable offence, or has been
adjudicated insolvent or made an assignment or composition or
arrangement with his creditors under any Act in force in that behalf,
and may remove such last-mentioned trustee.
(2) An order under this section, and any consequential vesting order or
conveyance shall not operate further or otherwise as a discharge to
any former or continuing trustee than an appointment of new
trustees under any power for that purpose contained in any
instrument would have operated.
(3) Nothing in this section shall give power to appoint an executor or
administrator.