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Vol 23 No 6 June/July 2018

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Cover of Drafting Commercial Agreements

Drafting Commercial Agreements

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A new edition was published, see:
A Practitioner's Guide to Trustee Investment isbn 9781845925932

A Practitioner's Guide to Trustee Investment (Old Jacket)

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ISBN13: 9780406965288
ISBN: 0406965285
New Edition ISBN: 1845925939
Published: November 2003
Publisher: LexisNexis Butterworths
Country of Publication: UK
Format: Paperback
Price: Out of print

The law relating to trustee investment has been fundamentally altered by the introduction of the Trustee Act 2000. Solicitors, accountants, banks and other persons acting as trustees are now subject to new statutory duties including the new statutory duty of care. The new regime provides trustees with new powers but imposes a raft of new obligations on them in order to safeguard the interest of beneficiaries.

This title concentrates on the powers and duties of trustees in relation to the investment of trust funds. It provides a concise guide to the considerations that a trustee should bear in mind and examines the new Act against the background of the old case law that is still relevant and applicable.""

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Equity and Trusts
""1. Introduction 2. The Statutory Power of Investment under the Trustee Act 2000 3. Express Powers of Investment 4. Exercise of Powers of Investment 5. Investment in Land.
6. Investment on Mortgage 7. Collective Delegation 8. Nominees and Custodians 9. The Old Law: Trustee Investments Act 1961 10. Breach of Trust 11. Pensions 12. Charities 13. Taxation Issues Appendix 1: Draft Policy Statement and Appointment of Investment Manager Under Section 15(2)(a) Trustee Act 2000; Appendix 2: Trustee Investments Act 1961; Trusts of Land and Appointment of Trustees Act 1996, ss 1, 6, 7, 8, 10, 11, 12, 13, 14 and 15; Trustee Act 2000""