7Power of courts, &c., to appoint trustee company as trustee, receiver, &c.

7 Power of courts, &c., to appoint trustee company as trustee, receiver, &c.

(1)  *[Section 7 Subsection (1) amended by No. 63 of 1963, s. 2 and Sched. 2 ]*Where a court, judge, or person has power to appoint –

(a) a trustee;

(b) a receiver;

(c) [Section 7 Subsection (1) amended by No. 33 of 1996, Sched. 1, Applied:01 Sep 1997] an administrator of a person's estate under the Guardianship and Administration Act 1995 ;

(d) a guardian of an infant's estate; or

(e) an attorney or agent –

that court, judge, or person may appoint a trustee company to be a trustee, receiver, committee, or guardian, or an attorney or agent, as the case may be.

(2)  Where a trustee company is so appointed as a trustee, receiver, or committee, the trustee company may act as a trustee, receiver, or committee, as the case may be, until removed from office and may perform and discharge all acts and duties pertaining to the office of trustee, receiver, or committee.

(3)  [Section 7 Subsection (3) amended by No. 55 of 1965, s. 5 ][Section 7 Subsection (3) omitted by No. 49 of 2010, s. 6, Applied:01 Jan 2011] .  .  .  .  .  .  .  .