Additional investment and administrative powers of Trustee. In the administration of the Trust Fund the Trustees (without the intervention of any person) shall have all the investment and administrative powers and the immunities set out in the first schedule in addition to those vested in the Trustees by law Neither section 31 nor section 32 of the Trustee Act 1925 shall apply to the trusts of the Trust Fund
Appears in 3 contracts
Sources: Trust Deed and Loan Agreement, Discretionary Gift & Loan Trust Deed and Loan Agreement, Trust Deed and Loan Agreement