Full legislation
s.85
Appointment of a company to be a trustee
In all cases in which the court or any person or persons has or have power to appoint a trustee, whether as an original or new or additional trustee, to perform any legal trust or duty a trust company may be appointed in the same manner as if the company were a private individual: Provided that— (a) no trust company shall be appointed in any case in which the instrument creating the trust, or the power authorizing the appointment, forbids the appointment of a company; (b) nothing in this section shall be deemed to derogate from the provisions of sections 38 and 40 . (Added 24 of 1950 Schedule)