Part 1Trusts
Chapter 3Powers and duties of trustees
Powers: general
I115General powers of trustees
1
Except in so far as the trust deed expressly provides otherwise (or, in a case where there is no trust deed, the context requires or implies otherwise) the trustees have in relation to the trust property all the powers of a natural person beneficially entitled to the property.
2
But this section is without prejudice to—
a
a trustee’s fiduciary duty (including a trustee’s duty to fulfil the trust purposes),
b
a trustee’s duty of care, and
c
any restriction or exclusion imposed by or under this Act or any other enactment.
3
This section applies irrespective of when the trust was created.