000 01401cam a2200325 4500
001 X113535
008 000000n2001 000 0 eng u
035 _a(Sirsi) u113535
100 _aWilson, R.
245 _aTimely modernisation
260 _c2001
490 _aTaxation
_v147(3813) 28 June 2001, 322-325(4)
520 _aDiscusses the provisions of the Trustee Act 2001, which came into force on 1 February 2001 and substantially alters the law surrounding the investment of trust assets, the acquisition and management of land, delegation, remuneration of trustees, insurance of trust assets, and the trustees' duties of care. Under s8 of the Act trustees are now empowered to acquire freehold or leasehold land in the UK and have the powers of an absolute owner in relation to that land or any other they hold. Trustees are not, however, able to purchase equitable interests or other interests such as rentcharges in land.
650 _aACQUISITION OF LAND
650 _aACQUISITION OF PROPERTY
650 _aDELEGATION
650 _aDUTY OF CARE
650 _aEQUITABLE INTERESTS
650 _aINSURANCE OF TRUST ASSETS
650 _aLAND MANAGEMENT
650 _aREMUNERATION
650 _aRENTCHARGES
650 _aTRUST ASSETS
650 _aTRUSTS
650 _aTRUSTEE ACT 2000
650 _aTRUSTEES
650 _aTRUSTEESHIP
690 _aLAW
942 _n0
999 _c67627
_d67627