Explanatory Notes

Trustee Act 2000

2000 CHAPTER 29

23 November 2000

Commentary on Sections

Part V: Remuneration

Section 31: Trustees’ expenses

112.Section 31 makes provision for the reimbursement of trustees’ proper expenses.  Section 31(2) makes clear that appointment as an agent, nominee or custodian does not exclude a trustee from section 31.