23(1)Section 24 (election of permanent trustee) is amended as follows.S
(2)In subsection (2), for the word “permanent”, where it first and second occurs, substitute “ replacement ”.
(3)In subsection (3), for the words “election of the permanent trustee” substitute “ trustee vote ”.
(4)In subsection (3A)—
(a)for the word “interim” substitute “ original ”;
(b)in paragraph (a), for the words “election of the permanent trustee” substitute “ trustee vote ”;
(c)in paragraph (b), for the word “permanent” substitute “ replacement ”; and
(d)for the words “section 25A of this Act shall apply” substitute “ shall continue to act as the trustee ”.
(5)In subsection (4)—
(a)for the word “interim”, where it first and second occurs, substitute “ original ”;
(b)for the words “election of the permanent trustee” substitute “ trustee vote ”;
(c)for the word “permanent”, where it second occurs, substitute “ replacement ”; and
(d)after paragraph (b), insert— “ and he shall continue to act as the trustee. ”.