Trusts Act 2025
sec.96Period during which delegation is in effect
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sec.96 Period during which delegation is in effect
The delegation of a matter under section 95 commences— on the happening of an event stated in the instrument of delegation as the time the delegation commences; or if the instrument of delegation does not state an event as mentioned in paragraph (a) — on the day stated in the instrument of delegation as the day the delegation commences; or if no day is stated for that purpose—on the day the instrument of delegation is signed. The delegation of the matter continues in effect until the first of the following happens— the happening of an event stated in the instrument of delegation as the time the delegation ends; the beginning of the day, if any, stated in the instrument of delegation as the day the delegation ends; the beginning of the day that is 12 months after the day the delegation commences; the delegation is revoked under subdivision 3 ; the trustee is replaced or removed, or is otherwise discharged from the trust, whether under part 3 or otherwise; the trustee dies. (sec.96-ssec.1) The delegation of a matter under section 95 commences— on the happening of an event stated in the instrument of delegation as the time the delegation commences; or if the instrument of delegation does not state an event as mentioned in paragraph (a) — on the day stated in the instrument of delegation as the day the delegation commences; or if no day is stated for that purpose—on the day the instrument of delegation is signed. (sec.96-ssec.2) The delegation of the matter continues in effect until the first of the following happens— the happening of an event stated in the instrument of delegation as the time the delegation ends; the beginning of the day, if any, stated in the instrument of delegation as the day the delegation ends; the beginning of the day that is 12 months after the day the delegation commences; the delegation is revoked under subdivision 3 ; the trustee is replaced or removed, or is otherwise discharged from the trust, whether under part 3 or otherwise; the trustee dies.
- (a) on the happening of an event stated in the instrument of delegation as the time the delegation commences; or
- (b) if the instrument of delegation does not state an event as mentioned in paragraph (a) — (i) on the day stated in the instrument of delegation as the day the delegation commences; or (ii) if no day is stated for that purpose—on the day the instrument of delegation is signed.
- (i) on the day stated in the instrument of delegation as the day the delegation commences; or
- (ii) if no day is stated for that purpose—on the day the instrument of delegation is signed.
- (i) on the day stated in the instrument of delegation as the day the delegation commences; or
- (ii) if no day is stated for that purpose—on the day the instrument of delegation is signed.