Trusts and Trustees Act (Cap. 331), article 27

27. Where the terms of the trust c onfer on the trustee or on any other person power to appoint or assign all or any part of the trust property or any interest in the trust property to, or to truste es for the benefit of, any person, such power shall, subject to the te rms of the trust, have effect whether o r not such person was a benefic iary of the trust immediately prior to such appointment or assignmen t. Remuneration and expenses of trustees.