Trusts Act 2025
sec.25Appointment of trustees—separate trustees of separate trust property
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sec.25 Appointment of trustees—separate trustees of separate trust property
This section applies if, under a trust, a part of the trust property (the separate trust property ) is held on a trust distinct from the trust relating to any other part of the trust property. If a new trustee may be appointed under this division— 1 or more separate trustees may be appointed of the separate trust property, whether or not a new trustee is, or is to be, appointed of any other part of the trust property; and a continuing trustee may be appointed or continue as a trustee of the separate trust property; and if only 1 trustee of the trust property was originally appointed—1 trustee may be appointed of the separate trust property. (sec.25-ssec.1) This section applies if, under a trust, a part of the trust property (the separate trust property ) is held on a trust distinct from the trust relating to any other part of the trust property. (sec.25-ssec.2) If a new trustee may be appointed under this division— 1 or more separate trustees may be appointed of the separate trust property, whether or not a new trustee is, or is to be, appointed of any other part of the trust property; and a continuing trustee may be appointed or continue as a trustee of the separate trust property; and if only 1 trustee of the trust property was originally appointed—1 trustee may be appointed of the separate trust property.
- (a) 1 or more separate trustees may be appointed of the separate trust property, whether or not a new trustee is, or is to be, appointed of any other part of the trust property; and
- (b) a continuing trustee may be appointed or continue as a trustee of the separate trust property; and
- (c) if only 1 trustee of the trust property was originally appointed—1 trustee may be appointed of the separate trust property.