Trusts and Trustees Act (Cap. 331)

Trusts and Trustees Act (Cap. 331), article 23

Official PDF on legislation.mt

23. Where the trust provides for more than one beneficiary, or more than one charitable purpose or for at least one beneficiar y and at least one charitable purpose, trustees shall be impartial an d shall not execute the trust for the advantage of one and to the detri ment or at the expense of another, ex cept to the extent that they ar e so authorised or requ ired by the terms of the trust. Powers of trustees. Amended by: XX. 1994.4.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.