QLDIn ForceAct
Trusts Act 2025
sec.178Definition for division
Start here
Get a plain-English read of sec.178
Turn the raw legal text into a practical explanation grounded in Trusts Act 2025.
sec.178 Definition for division
In this division— management power , in relation to a trust, means any power for the management or administration of the trust or the trust property, including, for example— the power to surrender, release or otherwise dispose of the trust property; and the power to retain the trust property; and the power to buy, invest in or acquire trust property or engage in another transaction for the trust; and the power to expend an amount out of trust funds.
- (a) the power to surrender, release or otherwise dispose of the trust property; and
- (b) the power to retain the trust property; and
- (c) the power to buy, invest in or acquire trust property or engage in another transaction for the trust; and
- (d) the power to expend an amount out of trust funds.