Trusts Act 2025
sec.51Protection from liability for custodian trustee
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sec.51 Protection from liability for custodian trustee
A custodian trustee is not personally liable for an act done, or an omission made, under a direction of the managing trustees mentioned in section 50 (1) or (2) . Also, a custodian trustee is not personally liable for an act done, or an omission made, by any of the managing trustees. This section applies subject to an express contrary intention in the trust instrument. (sec.51-ssec.1) A custodian trustee is not personally liable for an act done, or an omission made, under a direction of the managing trustees mentioned in section 50 (1) or (2) . (sec.51-ssec.2) Also, a custodian trustee is not personally liable for an act done, or an omission made, by any of the managing trustees. (sec.51-ssec.3) This section applies subject to an express contrary intention in the trust instrument.