32 Power of advancement

32  Power of advancement

(1)     Trustees may at any time or times pay or apply any capital money subject to a trust, [or transfer or apply any other property forming part of the capital of the trust property,] for the advancement or benefit, in such manner as they may, in their absolute discretion, think fit, of any person entitled to the capital of the trust property or of any share thereof, whether absolutely or contingently on his attaining any specified age or on the occurrence of any other event, or subject to a gift over on his

Powered by Lexis+®

Popular documents