| Supplementary. | |
| Commentary --Main |
21. -- (1) For the purposes of section 19 or 20 a direction is given by beneficiaries if-- |
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| and none of them by writing withdraws the direction given by him before it has been complied with. | |
| (2) Where more than one direction is given each must specify for appointment or retirement the same person or persons. | |
| 1925 c. 19. | (3) Subsection (7) of section 36 of the Trustee Act 1925 (powers of trustees appointed under that section) applies to a trustee appointed under section 19 or 20 as if he were appointed under that section. |
| 1925 c. 20. | (4) A direction under section 19 or 20 must not specify a person or persons for appointment if the appointment of that person or those persons would be in contravention of section 35(1) of the Trustee Act 1925 or section 24(1) of the Law of Property Act 1925 (requirements as to identity of trustees). |
| --s19(1) | (5) Sections 19 and 20 do not apply in relation to a trust created by a disposition in so far as provision that they do not apply is made by the disposition. |
| (6) Sections 19 and 20 do not apply in relation to a trust created before the commencement of this Act by a disposition in so far as provision to the effect that they do not apply is made by a deed executed-- | |
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| (7) A deed executed for the purposes of subsection (6) is irrevocable. | |
| (8) Where a deed is executed for the purposes of subsection (6)-- | |
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