sec.227Appointment of trustees—replacement of last continuing trustee who is dead

sec.227 Appointment of trustees—replacement of last continuing trustee who is dead

Section 21 applies in relation to the last continuing trustee of a trust who is dead, whether the death happened before or after the commencement. However, for a trust created before the commencement, section 21(5) applies to the personal representative of the last continuing trustee as if the provision were not expressed to be subject to a contrary intention in the trust instrument. (sec.227-ssec.1) Section 21 applies in relation to the last continuing trustee of a trust who is dead, whether the death happened before or after the commencement. (sec.227-ssec.2) However, for a trust created before the commencement, section 21(5) applies to the personal representative of the last continuing trustee as if the provision were not expressed to be subject to a contrary intention in the trust instrument.