C1C2C3Part IV Agents, nominees and custodians
Pt. 4 applied (with modifications) (in part) by 1956 c. lxvii, s. 5(1B)-(1D) (as substituted (10.3.2015) by The Charities (People's Dispensary for Sick Animals) Order 2015 (S.I. 2015/198), art. 1, Sch. Scheme para. 4)
Pt. 4 applied (with modifications) by 1961 c. xxxviii, s. 9(2)(3)(a)(4) (as substituted (1.9.2017) by The Charities (Shakespeare Birthplace Trust) Order 2017 (S.I. 2017/783), art. 1, Sch. Scheme para. 5)
Nominees and custodians
16 Power to appoint nominees.
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.
Pt. 4 applied in part (with modifications) (2.1.2013) by The Charitable Incorporated Organisations (General) Regulations 2012 (S.I. 2012/3012), regs. 1, 33