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Trusts Act 2025
sec.66Definitions for part
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sec.66 Definitions for part
In this part— investment power means— a power of investment conferred on a trustee under the trust instrument; or a power conferred on a trustee under this part. professional investor means a person whose profession, business or employment is, or includes, investing money for other persons.
- (a) a power of investment conferred on a trustee under the trust instrument; or
- (b) a power conferred on a trustee under this part.