Section 45
of International Trusts Order, 2000
ORDERIn forceProvision 45 of 109
Section 45
(1)
The powers and provisions contained in this Part shall apply if and so far only as a contrary intention is not expressed in the trust instrument and shall have effect subject to the terms of the trust instrument concerning the appointment and discharge of trustees.
(2)
The provisions of section 44 concerning the vesting of trust property in new or continuing trustees by vesting declaration shall be capable of applying only in relation to appointments or discharges of trustees under sections 41 to 43, or under those sections as restricted by the terms of the trust instrument.