PART VREMUNERATION

30Remuneration of trustees of charitable trusts

1

The Department for Social Development may by regulations make provision for the remuneration of trustees of charitable trusts who are trust corporations or act in a professional capacity.

2

The power under subsection (1) includes power to make provision for the remuneration of a trustee who has been authorised under a power conferred by Part IV or any other statutory provision, or by the trust instrument—

a

to exercise functions as an agent of the trustees, or

b

to act as a nominee or custodian.

3

Regulations under this section may contain such supplemental, incidental, consequential and transitional provision as the Department for Social Development considers appropriate.

4

Regulations shall not be made under this section unless a draft of the regulations has been laid before, and approved by a resolution of, the Assembly.