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(1)Subject to the provisions of this Part, the trustees of a trust may—
(a)appoint a person to act as their nominee in relation to such of the assets of the trust as they determine (other than settled land), and
(b)take such steps as are necessary to secure that those assets are vested in a person so appointed.
(2)An appointment under this section must be in or evidenced in writing.
(3)This section does not apply to any trust having a custodian trustee or in relation to any assets vested in the official custodian for charities.
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Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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