Cap. 29activeordinance

Trustee Ordinance

受託人條例

Full legislation

s.41G

Power to appoint nominees

(1)
Subject to the provisions of this Division, the trustees of a trust
may—
(a)
appoint a person to act as the trustees’ nominee in relation to any of the assets of the trust as they determine; and
(b)
take the steps that are necessary to ensure that those assets are vested in a person so appointed.
(2)
An appointment under subsection
(1
)(
a)
must be made, or evidenced, in writing.
(3)
This section does not apply to any trust having a custodian trustee.